Google Stock Quote

Here’s the facts:

For the first three months of the year, Google earned 51% more on a per share basis than it did last year during the same time frame, $1.95 per share versus $1.29 per share. Net earnings were $529.3M versus $369.2M.

Go Google - stock is at $449.63, up $34.63 (8.27%) as I write this.

Maybe.

A couple of days ago, GOOG stock made a new high - not an all time high. The daily price turned into a reversal bar to the downside.

The stock traded higher during the day making a multi-month high, but closed down relative to the open and relative to the previous day’s close.

Two days later (today) the stock is down further.

I ‘ll look for support at the standard Fibonacci retracement levels; 38% = $385.66, 50% = 375.32 and the 62% retracement = $364.99. Additionally, I’ll have my eyes on the 20 day, 50 day, and 200 day moving averages.