Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $535.00 short call and a strike $545.00 long call offers a potential 47.06% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $535.00 by expiration. The full premium credit of $3.20 would be kept by the premium seller. The risk of $6.80 would be incurred if the stock rose above the $545.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Google
Facebook rides mobile ad sales to earnings of $885M
Thu, 24 Apr 2014 01:05:53 GMT
Google Could End Up Paying For The Samsung/Apple Lawsuit
Thu, 24 Apr 2014 00:25:46 GMT
Business Insider – Apple is in the process of suing Samsung over…
Google's Next Big Bet: Beat Apple at Its Own Game
Thu, 24 Apr 2014 00:02:09 GMT
Motley Fool – A plan to emphasize design in everything Google does is set to emerge at the annual I/O developer conference.
Apple ‘On the Prowl,' Bought 24 Companies In 18 Months
Wed, 23 Apr 2014 23:56:39 GMT
The Wall Street Journal – Most of the headlines about tech acquisitions these days come from Google and Facebook, but Apple's been pretty active, too.
Google Trusts Vision And Reaps Big Payoff
Wed, 23 Apr 2014 23:05:00 GMT
Investor's Business Daily – Google has made its mark by trusting its founders' instincts to bet big on long-shot products. That trust has propelled the company to the top in several fields — and propelled its stock. Google's (GOOGL) …
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