Stock Market Technical Analysis Course Google Breakout
Date: 9/24/2012
Stock Market Technical Analysis Course Google Breakout (VIDEO). Google's stock is breaking multi-year highs and has been extremely strong today. GOOG hit an intraday high of $749.99 before having a small consolidation. In this "stock market education" video we'll cover "how to trade" Google's breakout.
[Stock Market Technical Analysis Course] how how to trade breakouts on Google.com. Standard "Stock Market Technical Analysis" hasn't worked since the introduction of high frequency trading and we'll discuss some of these points in the video.
Google (NASDAQ:GOOG) has been looking good, with shares growing 30 percent over the last three months. On September 24, the stock was up almost 2 percent, hitting a new all-time high and breaking the average price target of $743. Mark Mahaney of Citigroup raised his price target on the stock to $850, reiterating his “Buy” rating.
Brian Wieser, an analyst at Pivotal Research Group, said, “The stock has performed very well in recent months, suggesting that the market is coming around to seeing how durable the company’s cashflow generation will be.”
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