Google shares drop in AH
Thursday, July 19, 2007
Shares of Google drop in the extended hours more than 8% to near 500$ mark after the Internet's search leader reported that profits surges 28% but failed to meet Wall Street's growth expectations in its second quarter as revenues from affiliates rose less than anticipated. Looking at the daily chart tomorrow stock may find some support at 500$, but it's dificult to predict after this earnings report. So, let's see where can go. Major support for stock is 499$.
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.
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.