Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $1205.00 short put and a strike $1190.00 long put offers a potential 48.51% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1205.00 by expiration. The full premium credit of $4.90 would be kept by the premium seller. The risk of $10.10 would be incurred if the stock dropped below the $1190.00 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 at 69.01 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
Inside the world's largest solar plant
Wed, 19 Feb 2014 02:08:00 GMT
Who Has More Leverage: Google or Samsung?
Wed, 19 Feb 2014 02:02:00 GMT
Protesters Gripe About Group's Google Funding
Wed, 19 Feb 2014 00:40:06 GMT
The Wall Street Journal – Google seems to be inciting the wrath of liberals as it courts more conservatives.
Citing Regulatory Concerns, Hospitals Turn a Blind Eye to Google Glass
Tue, 18 Feb 2014 23:32:05 GMT
The Wall Street Journal – Google Glass can be used by health care professionals to cut costs, make teaching easier, improve health outcomes or some combination of the above. But broad adoption of the Internet-connected eyewear …
Google plans move into San Francisco's Mission District
Tue, 18 Feb 2014 21:38:36 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook