May 22

Google on the Move

Google (Nasdaq: GOOG) appears to be poised for a thrust above yesterday's high at 479.20, which should trigger an immediate surge towards a confrontation with the Feb-May down trendline at 482.40. If the trendline is hurdled, then GOOG should thrust to test the April high at 492.50.
Chart

Mike Paulenoff is author of www.MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial!