Google Stock Rising
It’s about bloody well time. Google stock price is picking up from the low back in November 2008 near the $250 range to the current price just norht of the $400 mark.
The stock is above the rising 50 day moving average AND the descending 200 day moving average. If GOOG keeps this up for awhile longer (or at least maintains the current price level), then its good times ahead.
Maybe.
Or maybe not. The stock is well off its all time high near $750. Expect resistance near $410 as this previously represented support back in March 2008.
To be perfectly honest, this rally looks like a corrective up wave in a downtrend. Look at the price thrusts up – the previous up was about $130, the current previous up is closing in on the $130 mark.
I THINK THIS STOCK MAY HIT 800 THEN MAYBE SPLIT WHAT DO YOU THINK
I proudly own 3 google stock, I bought them at 500, tried to sell them at 725, then they dropped to 250, now 600 aint bad. I sure hope the get to 800, and I’ts fine with me if they split