Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $640.00 short put and a strike $635.00 long put offers a potential 25% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $640.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $635.00 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 53.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
Tech Stocks from Briefing.com
Mon, 12 Oct 2015 11:00:13 GMT
Market Climbs A Wall of Worry
Mon, 12 Oct 2015 10:01:25 GMT
Mon, 12 Oct 2015 04:28:32 GMT
Driverless car drivers take ‘back seat'
Mon, 12 Oct 2015 02:00:24 GMT
AAP – After a friend recommended that he join a secret Google project six years ago, Brian Torcellini suddenly found himself on the road to an occupational oxymoron. Torcellini, 31, leads a crew of test, or “safety,” drivers who are legally required to ride in Google's fleet of 48 robot cars. The driverless cars already have logged more than two million miles (3.22 million km) in six years of sometimes tedious testing on private tracks, highways and city streets located mostly near Google's Mountain View, California, headquarters.
The 2 Most Socially Responsible Tech Companies of 2015
Mon, 12 Oct 2015 01:06:00 GMT
Motley Fool – Alphabet and Microsoft top Reputation Institute’s list of the most socially responsible tech companies of 2015.
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