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Trade Idea - Google


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#1 Costa

Costa

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Posted 22 March 2008 - 07:04 PM

GOOG is correcting the entire up-move recorded in November of 2007. The stock is moving in a tight range between $412 and $450. In other words, the stock is trying to stabilize itself around the long-term support. Hold the stock with a stop at $412. Buy point would be on the day it blows through $450 on heavy volume.

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Costa
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#2 rigelpug

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Posted 23 March 2008 - 05:20 AM

GOOG looks beautiful, probably because of it's high price.