Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $537.50 short put and a strike $532.50 long put offers a potential 47.06% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $537.50 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 dropped below the $532.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Google is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Google is bullish.
The RSI indicator is at 40.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
Apple boosts R&D spending in new product hunt
Tue, 28 Oct 2014 05:35:33 GMT
Financial Times – Apple's spending on research and development leapt by a third in the past year, reaching its highest level relative to revenues since 2007, the year the iPhone was released. The increase in investment …
Google, Schlumberger, Hotel, Video: Intellectual Property
Tue, 28 Oct 2014 04:01:01 GMT
Bloomberg – Google Inc. (GOOG) , creator of the world’s most-used Internet search engine, has led all other applicants in the number of fast-track patents it has acquired, the Washington Post reported.
China-Linked Hacking Foiled by Private-Sector Sleuthing
Tue, 28 Oct 2014 04:00:01 GMT
This expert says plunging oil prices are problematic
Tue, 28 Oct 2014 02:47:00 GMT
More Than a Search Engine: Google's Plan For Domination
Tue, 28 Oct 2014 02:14:36 GMT
Bloomberg – Oct. 28 (Bloomberg) – Google has transformed a London warehouse into what resembles a Hollywood movie set, complete with exotic settings and special effects. It's part of a push by the tech giant to get …
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