Wednesday, June 16, 2010

Google Inc.(GOOG) - Lagging The Market


Above is a daily chart of Google Inc. and in the lower panel is the S&P500. As you can see the S&P is already making new highs for the month but GOOG has yet to break high. This stock is clearly lagging the market but for those of you who are bullish on this stock, the breakout level is at 509.25. Today Google Inc. closed at 501.27 which was up 3.28 from yesterday's close.

Posted by Kevin

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