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Google Stock Chart

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Google (GOOG) has had two nice moves here in the last few weeks. The first past $490 and the most recent into all time highs past $510 resistance which was first seen way back in November 06. The RSI is showing possible overbought, but the stock could very well linger in this area into next week, negative divergence setup anyone? It is good to see Google holding up with the market taking a decent hit the last few days, but then again the day isn’t over yet and it seems today is already showing a strong intraday reversal. If the stock pulls back towards $510 I would look for the 10 Day Moving Average (DMA) to possibly give support as it continues to move up.



4 Responses to “Google Stock Chart”


By Johns Wu on June 7th, 2007 at 11:08 am

nice analysis blain, i’m 100% bullish on GOOG, and trust me, i know because im in the industry

i look forward to reading your posts!

By Blain Reinkensmeyer on June 7th, 2007 at 11:12 am

lol, thanks Johns, is there an SEO expert in the house? I think so :P

By Steve Abraham on June 8th, 2007 at 7:23 pm

How do you get your charts color coded?

By Blain Reinkensmeyer on June 8th, 2007 at 10:59 pm

You can adjust the “color theme” of the charts, it is one of the options towards the top around the dates. If you have trouble finding just email me and Ill hook ya up.

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