Sunday, June 24, 2007

I'm Watching GOOG This Week



GOOG showed excellent relative strength over the past 5 days in the face of a weak stock market. Notice how GOOG is right at new all time highs. This stock looks very bullish to me for a short-term swing trade.

GOOG also had a breakout from an inside week which is something that I've written about on this blog many times.

Keep an eye on this stock this week, we may see a nice rally.

Posted by Kevin

Labels: ,

1 comment:

Guppy Galaxy said...

What kind of strategy to play this GOOG potential run ?

For option, a bull put vertical spread might be a good one, just need to pick a good strike price.

5:09 AM

Post a Comment

Subscribe to: Post Comments (Atom)
Money-Making Ideas

DISCLAIMER

This site may include market analysis. All ideas, opinions, and/or forecasts, expressed or implied herein, are for informational purposes only and should not be construed as a recommendation to invest, trade, and/or speculate in the markets. Trading and investing involves high levels of risk. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise.
 
Google
Technorati Profile Finance Blogs - Blog Top Sites