Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $995.00 short put and a strike $985.00 long put offers a potential 6.38% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $995.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $985.00 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 53.52 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
Google, HP halt sales of Chromebook 11
Thu, 14 Nov 2013 00:08:44 GMT
AP – Google and Hewlett-Packard are halting sales of their recently released Chromebook 11 computer after some users reported the device's charger has been overheating. The precautionary measure announced Wednesday …
Google, HP halt sales of Chromebook 11
Thu, 14 Nov 2013 00:08:44 GMT
AP – Google and Hewlett-Packard are halting sales of their recently released Chromebook 11 computer after some users reported the device's charger has been overheating. The precautionary measure announced Wednesday …
[$$] Brazil Bears Down on Internet Bill
Wed, 13 Nov 2013 23:45:43 GMT
The Wall Street Journal – Brazilian lawmakers continue to focus on an Internet bill that could force U.S. companies like Google to open data centers in the country amid fallout from allegations of cyberespionage by Washington.
3 Tech Titans Making Noise: Apple’s Production Investment, Amazon Debuts WorkSpaces, Google’s Moto G Phone
Wed, 13 Nov 2013 23:29:06 GMT
Wall St. Cheat Sheet – Here are the top trending tech stocks of the day.
[$$] Google's Drop in the Smartphone Ocean
Wed, 13 Nov 2013 23:04:41 GMT
The Wall Street Journal – Google's Motorola is hoping the pricing of its latest Moto smartphone will finally make consumers, and rivals, take notice.
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