Google is now above its 200 day moving average for the first time since October and the first bullish sign I've seen from this stock since the break-down from 576 last fall. The big question is - would I be putting new money to work right here at 562? The long term answer is yes, I think Google is a buy here. However, I just advocated buying near 500 - so if you're one of those that got in there - I wouldn't add at this point. I'd wait to see if this 200 DMA will hold or not.
Short term - HOLD to see if 200 DMA sticks.
Long term - BUY
Short term - HOLD to see if 200 DMA sticks.
Long term - BUY