Google (GOOG) is currently trading in a rectangle range between $843 and $925. At the same time, a Triple Tops reversal chart pattern is in formation. Watch out for the next movement after the earning release on Oct 14.
Chart from thinkorswim, open an account to get FREE chart here. Original post by Marubozu
For my Team Member.
For my stocks investing team members.
Google Inc. (Google) is focused on improving the ways people connect with information. The Company generates revenue primarily by delivering online advertising. The Company focuses on areas, such as search, advertising, operating systems and platforms, and enterprise. The Company maintains an index of Websites and other online content, and make it available through its search engine to anyone with an Internet connection. Businesses use its AdWords program to promote their products and services with targeted advertising. The Google Network use its AdSense program to deliver relevant ads that generate revenue and enhance the user experience. In February 2010, the Company acquired Aardvark and On2 Technologies, Inc. In May 2010, The Company acquired of AdMob, Inc. (AdMob). In August 2010, the Company acquired Slide, Inc. (Slide). In December 2010, the Company acquired Widevine Technologies, Inc. (Widevine). In April 2011, the Company acquired PushLife.
Plan: Target to start accumulating when Google traded between $484 to $504. Use Dollar Cost Averaging.