GOOG Moving Higher
Google looks to be continuing the move to higher prices.
Today’s price action is showing classic bullish characteristics - the intraday price moves higher today are accomodated by higher volume. If the stock closes above $225 we will likely see a continuation to higher prices in the following days and weeks.
If you are a breakout trader, today is the day to get long this stock. Since the impressive earnings annoucement a few weeks back, Google has built a solid price base at higher prices.
Comments
The URI to TrackBack this entry is: http://www.googlestockquote.com/archives/2005/05/03/goog-moving-higher/trackback/
No comments yet.
RSS feed for comments on this post.
Leave a comment
Sorry, the comment form is closed at this time.
