Wednesday, August 11, 2010

Keep GOOG on Your Radar

GOOG may find support, there are some positive divergences. You may recall me saying this is one stock that has a chance of a counter trend move in a falling market. If you are interested in GOOG, risk:reward relationship is pretty good at these levels for a long purchase. For swing trades I would consider a stop of $489.40 and for a position trade, a stop of $475-$479.

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