GOOG...hard time at 480

Discussion in 'Stocks' started by dac8555, Nov 13, 2006.

  1. dac8555

    dac8555

    It seems our good friend GOOG is having some trouble at the 480 mark.

    Who is looking for a play here?
     
  2. looks strong to me. nice flag following the earnings breakout, which tests out well - according to bulkowski's research. personally, i like it. i made 80 points in two weeks, but would like to buy it back if it breaks out of this little consolidation.
     
  3. My play would be on a break through $492.

    The stock looks a bit neutral at the moment.


    Thanks

    Damian
    U.S. Share Trader
     
  4. Testing 485 today
     
  5. dac8555

    dac8555

    yeah, hi, glad i didnt take that trade.
     
  6. If it has hung around here as long as it has I agree that it is a fairly bullish flag and has to break through $500 just to test the waters. GOOG is still a must own for managers. I wouldn't be surprised by $525 as a Xmas gift to longs.