Google (GOOG) NewsBite - GOOG Covered In Lee Allen Report Today

Thursday, December 11, 2008 11:22 AM EDT

Google (GOOG) was covered in a Lee Allen Report today and the stock is now at $309.41, up $0.59 (0.19%) on volume of 1,697,956 shares traded. To see the report, and find out what's on Lee's wishlist this holiday season, go to http://www.iotogo.com/la121108 . Over the last 52 weeks the stock has ranged from a low of $247.30 to a high of $716.00. Google stock has been showing support around $299.02 and resistance in the $319.80 range. Technical indicators for the stock are bullish and S&P gives GOOG a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on GOOG the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 270 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (GOOG)