Google upgraded
Friday, October 05, 2007
Chart courtesy of stockcharts

Shares of Google will be also in focus today after Nollenberger raised its price target to $650 from $575. Google has had a nice run over the past month and today could have a great opportunity to breakout $596 resistance after this news. Looking at the chart, stock is trading in a Bull Market with a lot of strength to move up, indicators still showing a strong performance however stock have recently reached Overbought which will put some brakes at this levels, so let's see what will happen today. Go Google !!!!

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 5:58 AM | Permalink


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