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.
STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green
Dear Friends, A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into thi...