Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $1210.00 short put and a strike $1200.00 long put offers a potential 26.58% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1210.00 by expiration. The full premium credit of $2.10 would be kept by the premium seller. The risk of $7.90 would be incurred if the stock dropped below the $1200.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Google is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Google is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Google
The Timing of Nokia Android Phones Is All Wrong
Wed, 26 Feb 2014 03:16:00 GMT
Yandex Goes Mobile Against Google
Wed, 26 Feb 2014 02:16:01 GMT
Motley Fool – Russian search player Yandex prepares to take on Google's Android.
Pictures leak of the Motorola-made Google smartwatch that might have been
Wed, 26 Feb 2014 02:02:00 GMT
Nokia's Android Phones are Finally Here
Wed, 26 Feb 2014 02:01:58 GMT
Consumer driving market higher: Pro
Wed, 26 Feb 2014 00:52:00 GMT
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