Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $545.00 short call and a strike $550.00 long call offers a potential 47.06% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $545.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $550.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Google is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Google is bearish.
The RSI indicator is at 65.58 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Google
The coolest ways to pay without a wallet
Mon, 10 Nov 2014 04:59:00 GMT
CNNMoney.com – From washing machines without quarters to electronic cards that combine all your plastic, we take a look at the future of digital payments.
Scientists Win Breakthrough Prizes at Silicon Valley Gala
Mon, 10 Nov 2014 04:40:56 GMT
The Wall Street Journal – A group of scientists who won Breakthrough Prizes in Silicon Valley walked home $3 million richer Sunday night.
Mark Zuckerberg Interview: Breakthrough Prizes and Turning Scientists Into Heroes Again
Mon, 10 Nov 2014 03:12:11 GMT
BusinessWeek – The Facebook founder argues for “billions to tens of billions” more in government funding for basic science
Lessons in strategy for the digital screen
Sun, 09 Nov 2014 22:45:38 GMT
Financial Times – It rocketed Swedish band Abba to international fame in 1974 and in 2014 created a star of a different kind in Conchita Wurst, the bearded Austrian transvestite. The Eurovision Song Contest, in which European …
Only Google and I can read my emails
Sun, 09 Nov 2014 22:42:02 GMT
Financial Times – Sir, If it were true that the use of “end-to-end encryption . . . means not even the companies can see the contents of a user's inbox” (“Encryption stepped up after Snowden”, November …
Related Posts
Also on Market Tamer…
Follow Us on Facebook