OnlineTradersForum.com

free charts and quotes  

Go Back   OnlineTradersForum.com > Contributing Websites > Wall Street Trader's Column - weekly stock pick



Reply
 
Thread Tools Display Modes
Old 06-27-2007, 01:19 AM   #1
Harry Aloof
contributing website
 
Harry Aloof's Avatar
 
Join Date: Oct 2006
Posts: 154
Harry Aloof has a very good reputation
Lightbulb Google (GOOG) 6/25/07

From Wall Street Trader's Column

GOOGLE (Goog-Nasdaq): Technical Viewpoint: From a low of $457.41 on May 15, 2007 prices rallied, reaching a high of $526.50 on Jun 7, 2007. A decline saw prices pull back, reaching a low of $498.69 on Jun 13, 2007. Another rally saw prices penetrate resistance line "A", closing yesterday at $524.98. Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 22, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $500.00. Resistance: Is at $526.50. Point & Figure: Reversed to the upside on Jun 18, 2007. A P&F downside reversal takes place at $505.00. Summary: Technical indicators have turned bullish. BUY! Google (Goog-Nasdaq) @ $525.13 Stop: Use a protective stop of $510.00. Google is currently trading @ $524.98 plus $10.87 on Jun 22, 2007.

Price Objective: $598.50
Risk/Reward: $15.00 VS. $73.37
Today's Risk Reward Ratio: 5:1

Harry Aloof is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Forum Jump

Similar Threads Thread Starter Forum Replies Last Post
Whats up with Google? (GOOG) Its dropped $53 in less than a month Rich Stock picks and strategies 24 12-27-2006 08:01 PM
GOOG - yahoo news hurting google nic_van Stock picks and strategies 16 09-21-2006 02:12 PM
GOOG stockbroker Stock picks and strategies 3 02-15-2006 10:56 AM
GOOG to $500 dog Jim Cramer's "Mad Money" discussion 7 09-01-2005 09:20 AM
What's up with the GOOG? dog Jim Cramer's "Mad Money" discussion 2 07-28-2005 06:22 PM




Google
 
Web OnlineTradersForum.com
All times are GMT -4. The time now is 02:11 PM.


Powered by vBulletin Version 3.7.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.



All Rights Reserved ©2005-2009 Fiasco Financial Network