Google comeback
Shares of Google rose more than 3% to 457.55$. The Web search leader’s CEO said Tuesday that it will take time for its recently acquired YouTube online video-sharing service to become a major source of sales and profit for the company. The technical chart shows weakness as the stock is below 50 dma and MACD below 0 , however today stock has gained some momentum after broken 450$ the previous support. To the upside the first objective is the trendline at 470.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!
AC
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice evening !!!
AC
Labels: GOOG
