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Saturday, October 13, 2007 

Can Google reach $1000 ? Share your opinion !!

Chart courtesy of stockcharts

Hey guys, what do you think about the topic of my post ? Can Google reach $1000 in the months to come? Or it's only a dream? Well, after so many price targets given by many investments houses over this week to Google, with some of them above $700, this make me think that now it's the right time to put this question under the table. $1000 it’s a reality soon, or only a dream? Can Google surpass $300 Billion market capitalization? Please give me your tips to share with all or if you want send an email and I’ll have the pleasure to put it here if you want of course !!!

Chart courtesy of stockcharts

JNPR is presently trading in a consolidation phase following a nice trend. Stock have found recently support in its 20 dma, but looks like it will move up again. Keep an eye for a possible breakout over $38.

Chart courtesy of stockcharts

GRMN should fill the Gap up in the next sessions. So, keep an eye on GRMN.

Chart courtesy of stockcharts

As I had mentioned yesterday YHOO shares have found a support under its 200 dma and today stock confirmed my point of view. After Friday session it seems to me that stock maybe ponting to move up again breaking this importnat resistant at $28.50, I suppose based on the last candle of the chart !! Remember YHOO will report its earnings on Tuesday, so Monday keep an eye on YHOO !!!!

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 weekend !!!

AC

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AC nice discussion !!! Well, my opinion is NO and do you know why ? Because YHOO is making great changes in their business model for ADs and I think it will gain market share to Google soon. It is more probably see YHOO at $50 or more than see GOOG at $1000. Just my opinion guys !!!

Hey VF I agrre with you. In fact it's more likely see YHOO soon at $50 than Google at $1000.

AC good post of discussion !!!

Paul L.A.

Probably next year or so, but for now it's too far from the reality.....

Attention please : Earnings report next week for both companies.
YHOO - Tuesday
GOOG - Thrusday

Let's see who will win the battle of numbers.....

Smith

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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