Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $507.50 short call and a strike $512.50 long call offers a potential 47.06% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $507.50 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 rose above the $512.50 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 48.36 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
Sony Pictures CEO had ‘no playbook' for mega-hack on studio
Fri, 09 Jan 2015 06:47:16 GMT
AP – The network was crippled. Days before Thanksgiving, Sony Pictures employees had logged onto computers that flashed a grim message from a hacker group calling itself Guardians of Peace. Soon personal information …
Sony Pictures CEO had ‘no playbook' for mega-hack on studio
Fri, 09 Jan 2015 06:38:27 GMT
AP – The network was crippled. Days before Thanksgiving, Sony Pictures employees had logged onto computers that flashed a grim message from a hacker group calling itself Guardians of Peace. Soon personal information …
Symantec, Microsoft, Blue Cross: Intellectual Property
Fri, 09 Jan 2015 05:00:22 GMT
Sony Expects to Break Even on ‘The Interview’
Fri, 09 Jan 2015 03:38:17 GMT
Bloomberg – “The Interview,” the comedy that Sony Pictures (6758) temporarily pulled from theaters, is doing well enough from online sales and rentals to recoup the millions of dollars spent on the film, a person …
Google Loses Most Search Share Since 2009 While Yahoo Gains
Thu, 08 Jan 2015 23:26:31 GMT
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