Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $500.00 short call and a strike $510.00 long call offers a potential 56.25% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $500.00 by expiration. The full premium credit of $3.60 would be kept by the premium seller. The risk of $6.40 would be incurred if the stock rose above the $510.00 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 32.01 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
5 Decent Looking Stocks And 5 That Look Like Black Death
Tue, 13 Jan 2015 07:57:20 GMT
IBM Leads, AFG, New Jersey County: Intellectual Property
Tue, 13 Jan 2015 05:01:00 GMT
Clegg Resists MI5 Calls for Snooping Powers After Attacks
Tue, 13 Jan 2015 00:01:00 GMT
Bloomberg – Allowing the U.K. government to record the web-browsing history and social-media interactions of citizens would be a “huge encroachment” on freedom, Deputy Prime Minister Nick Clegg will say today, in …
Yea to Foreign Stocks, Nay to Google?
Mon, 12 Jan 2015 23:54:00 GMT
Barrons.com – International stocks have become non-starters for many U.S. investors in recent years. Bourses in both the developed and emerging markets have been trounced by the broader U.S. stock market over just about …
U.S. Military Says Twitter Hacking Amounts to Prank, Not Threat
Mon, 12 Jan 2015 23:03:02 GMT
Bloomberg – The Twitter and YouTube accounts of the U.S. Central Command were compromised with messages supporting Islamic State, in a hacking attack the Pentagon dismissed as a prank. The attack was confirmed by …
Related Posts
Also on Market Tamer…
Follow Us on Facebook