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 $555.00 long call offers a potential 49.25% return on risk over the next 32 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 $3.30 would be kept by the premium seller. The risk of $6.70 would be incurred if the stock rose above the $555.00 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
Plots & Ploys
Wed, 16 Apr 2014 01:09:52 GMT
The Wall Street Journal – Google made a limited number of its Google Glass products available to the general public for the first time, and Starwood Hotels & Resorts wants in.
[$$] Google Unveils Project Ara, a ‘Modular' Smartphone
Wed, 16 Apr 2014 01:09:05 GMT
The Wall Street Journal – Google is planning a “modular” smartphone called Project Ara that will allow consumers to add or subtract hardware such as a blood-sugar monitor, a camera or a cigarette lighter.
[$$] A Price War Erupts in Cloud Services
Wed, 16 Apr 2014 01:09:03 GMT
The Wall Street Journal – Amazon.com, Microsoft and Google are battling over the future of corporate computing, and companies that use their services are reaping the benefits.
Google Warns: We Are Scanning Your Email
Wed, 16 Apr 2014 00:20:45 GMT
Business Insider – On Tuesday Google updated its privacy policies to make it absolutely clear that it is scanning your email.
Google, Coca-Cola, Motorola, and Citigroup: Movers and Shakers
Tue, 15 Apr 2014 23:34:21 GMT
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