SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMC NEWS

TMCNET eNEWSLETTER SIGNUP

SmarTrend Watching for Potential Rebound in Shares of Google After 2.14% Loss
[November 07, 2012]

SmarTrend Watching for Potential Rebound in Shares of Google After 2.14% Loss

Nov 07, 2012 (SmarTrend(R) News Watch via COMTEX) -- Google (NASDAQ:GOOG) traded in a range yesterday that spanned from a low of $666.49 to a high of $678.23. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $675.56 on volume of 2.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean revision.

SmarTrend recommended that its subscribers protect gains by selling shares of Google on October 18th, 2012 by issuing a Downtrend alert when the shares were trading at $717.71. Since that call, shares of Google have fallen 5.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Google has traded in a range of $473.02 to $774.38 and is now at $666.53, 41% above that low. The 200-day and 50-day moving averages have moved 0.12% higher and 0.10% higher over the past week, respectively.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]





LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.