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 40.85% return on risk over the next 23 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 $2.90 would be kept by the premium seller. The risk of $7.10 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.
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
Google Hangouts 2.0 for iOS redesigned with iPad tweaks, 10-second video messages
Thu, 27 Feb 2014 23:46:00 GMT
Google Continues With Its Project Ara Modular Smartphone Effort
Thu, 27 Feb 2014 23:43:04 GMT
New York Times – Google announced that it would be holding its first Ara Developers’ Conference, on its experimental Project Ara modular smartphone platform.
Google Pays for the Ride
Thu, 27 Feb 2014 23:34:38 GMT
Google Paying For S.F.'s Low-Income Kids To Ride The (Public) Bus For Free
Thu, 27 Feb 2014 23:13:00 GMT
Forbes – The city of San Francisco needs money in order to be able to let underprivileged kids continue to ride local transit for free. Google desperately needs some local press that's not about how its corporate shuttle buses are supposedly destroying the region's culture and displacing everyone who's not a tech […]
Google-Yandex in RTB Deal
Thu, 27 Feb 2014 23:00:06 GMT
Zacks – Google's policy appears clear: if you can't buy them or extinguish them, you better partner them.
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