GOOG $700 so near.......YHOO Keep the faith....
Shares of Google were up today nearly 2.5% or $15.54 to $694.77, reaching during the session a new 52 week high at $699.91. The daily chart show a continuation of the trend with MACD and RSI in the Bullish areas, the stock is in a strong bull market with both 50 day and 200 day moving average going up, however in overbought conditions. Stock may find some resistance to break a physiological mark $700.
Chart courtesy of stockchartsYHOO - Profit taking continue today but volume decreased significantly, signal of a possible turn around at these levels. I'm still very optimistic on YHOO and on Alibaba.com IPO. This drop is always welcome after a Big run. If you look at the chart, we can see that the uptrend still intact, so in my opinion there is no reasons for alarm neither to have fear. With MACD above 0 and K line above D line, once the profit taking is over we should see the stock continue to go up strong. Keep the faith :-)
Chart courtesy of stockchartsCCI may be ready to break !!
Looking at the chart stock has had a nice run over the past few weeks and again stopped at the major resistance $41.70. I'll be Bullish in this stock if breakout this area.
Looking at the chart stock has had a nice run over the past few weeks and again stopped at the major resistance $41.70. I'll be Bullish in this stock if breakout this area.
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
That's All. Have a nice evening !!!
AC
