Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $765.00 short call and a strike $775.00 long call offers a potential 58.73% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $765.00 by expiration. The full premium credit of $3.70 would be kept by the premium seller. The risk of $6.30 would be incurred if the stock rose above the $775.00 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 35.75 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
Taiwan to ask for removal of Uber apps from Apple, Google app stores
Wed, 16 Nov 2016 09:42:28 GMT
Reuters – Taiwan plans to ask Apple Inc (AAPL.O) and Alphabet Inc's (GOOGL.O) Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the ride-hailing firm that is locked in a dispute with the island. Uber [UBER.UL] operates in Taiwan as an internet-based technology platform rather than a transportation company, which Taiwanese authorities have said is a mis-representation of its service and has ordered it to pay back taxes.
Taiwan to ask for removal of Uber apps from Apple, Google app stores
Wed, 16 Nov 2016 09:36:16 GMT
Reuters – Taiwan plans to ask Apple Inc and Alphabet Inc's Google to pull apps of Uber Technologies available in Taiwan on their app stores, a government official said, upping pressure on the ride-hailing firm that is locked in a dispute with the island. Uber operates in Taiwan as an internet-based technology platform rather than a transportation company, which Taiwanese authorities have said is a mis-representation of its service and has ordered it to pay back taxes.
How I became a cyborg and joined an underground medical movement
Wed, 16 Nov 2016 08:18:32 GMT
[$$] Fake Content Puts Pressure on Facebook, Google
Wed, 16 Nov 2016 04:52:49 GMT
Top Google, LinkedIn execs say tech companies must address role in election outcome
Wed, 16 Nov 2016 03:50:26 GMT
CNBC – Following the U.S. election, tech giants must re-examine the unintended consequences of their platforms on society, say big tech executives.
Related Posts
Also on Market Tamer…
Follow Us on Facebook