Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $525.00 short call and a strike $530.00 long call offers a potential 56.25% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $525.00 by expiration. The full premium credit of $1.80 would be kept by the premium seller. The risk of $3.20 would be incurred if the stock rose above the $530.00 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 26.64 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Google
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Tue, 21 Oct 2014 08:00:01 GMT
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Tue, 21 Oct 2014 04:25:00 GMT
This is a big warning for tech
Tue, 21 Oct 2014 03:20:04 GMT
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Microsoft CEO pushes the cloud for businesses
Mon, 20 Oct 2014 23:19:38 GMT
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Mon, 20 Oct 2014 22:00:00 GMT
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