GOOG Hugging The 200 Day Moving Average
Using my eyeballs, it looks like Google’s 200 day moving average is around $436. If you look at a daily chart, notice that in early March 2007 and again now (16 March 2007), Google’s stock price is hovering just above that price level. This is likely to turn into a make or break (MOB) scenario soon. It has to.
The 200 day moving average has served GOOG well in the past, will it do so again. Time will tell.
Comments
The URI to TrackBack this entry is: http://www.googlestockquote.com/archives/2007/03/16/goog-hugging-the-200-day-moving-average/trackback/
No comments yet.
RSS feed for comments on this post.
Leave a comment
Sorry, the comment form is closed at this time.
