Google may fill the gap soon
Saturday, September 08, 2007
Google shares were down on Friday just 0.8% closing at $519.35 in a bad day for all US Indices. The technical chart of Google are showing that share price is having some problems to breakout above its 50 daily moving average, however it seems to me that it will be only a question of time, soon it will move up, based on overall indicators. So, during next week keep an eye on Google stock for a possible breakout over 50 dma, it will be a Bullish sign and it will open space to move up to fill the gap.
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 example.
Labels: GOOG