Google (GOOG) NewsBite - GOOG Could Be On the Move
Posted: Monday, November 16, 2009 10:44 AM EDT
By: Market Intelligence Center Staff
Google (GOOG) could be on the move today and is now at $576.15, up $4.10 (0.72%) on volume of 506,760 shares traded. Over the last 52 weeks the stock has ranged from a low of $247.30 to a high of $573.50. GOOG was covered in a Vic Wisemann report today. To read the report, go to www.marketintelligencecenter.com/vw111609 . Google stock has been showing support around $564.49 and resistance in the $576.29 range. Technical indicators for the stock are neutral and S&P gives GOOG a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on GOOG the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 500 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Google (GOOG) Stock ReportSee what our analysts have uncovered about Google (GOOG).
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