Thursday, 1 March 2012

US Stock Tip: Google Likely to break $620 again.


Yesterday Google Broke $620, went to $625 before retracing to end at $618. One reason is because of Ben Bernake Speech yesterday which eliminate chances of QE3. I believe this stock has a high chance of breaking $620 again.

For options traders, if break, just enter straight OTM call or Sell a March Bull Put Spread 595, buy 590 also possible. But exercise your stop loss.

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