Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $710.00 short call and a strike $720.00 long call offers a potential 47.06% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $710.00 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 $720.00 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 54.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
The 10 things in advertising you need to know today
Fri, 20 May 2016 09:51:48 GMT
Business Insider – Good morning. Here's everything you need to know in the world of advertising today. 1. Artists…
PRESS DIGEST- New York Times business news – May 20
Fri, 20 May 2016 05:46:12 GMT
[$$] Google Bans Payday Ads, but Also Backs a Payday Lender
Fri, 20 May 2016 04:31:44 GMT
The Wall Street Journal – Google will soon ban payday-loan ads, but the venture-capital arm of its parent has been investing in payday lender LendUp since before the startup launched in 2012.
[$$] Google Appeals French ‘Right to Be Forgotten’ Order
Fri, 20 May 2016 04:31:12 GMT
Google is turning a harsh truth about Android into a strength
Fri, 20 May 2016 02:04:00 GMT
Business Insider – It's a cold, hard fact: Apple iPhone owners spend a lot more money on apps than people with…
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