GOOG breakout on Friday
Monday, July 16, 2007
Chart courtesy of stockcharts

Here is a stock that you should pay attention today, GOOG the leader of search engine has broken out and made a new 52 week high on Friday and is ready to make new highs today. Looking at the chart above, all indicators are showing good indications without signs of weakness. MACD and RSI still going up, however a pull back in stock price should occur soon due to the Overbought conditions, but the trend still intact.

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.

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posted by Pro Investor Trader at 1:43 AM | Permalink


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