A market leading stock is attempting to break out of a 4 month trading range to the upside. Google seems poised to make a run at all-time highs. Can it get there and does this mean anything for the broader market? Will Google lead the $SPY out of the range it is bound in at the moment?
This is definitely a bullish sign - IF Google makes new all-time highs. If not - it could be another slippery slide down the hill towards 540.
Same as all week - don't buy at these levels.
Short term rating = HOLD
Long term rating = HOLD (on price alone)
This is definitely a bullish sign - IF Google makes new all-time highs. If not - it could be another slippery slide down the hill towards 540.
Same as all week - don't buy at these levels.
Short term rating = HOLD
Long term rating = HOLD (on price alone)