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Tuesday, June 14, 2005

Update 2: Google (GOOG)

Keep a close eye on Google (GOOG) today! GOOG is currently trading at $277.85 (-1.73%). Yesterday's low is at $276.52. Until Google stays below $280 level, there is a high possibility to fall down to $260. But be careful, Google made a false break-down yesterday, and then raised quickly back to a little higher and safer levels again.

I consider shorting GOOG (or buying put options) if I see more weakness.

Stock Chart: Google (GOOG)
Chart courtesy of StockCharts.com.

See also:
Update: Google (GOOG)
Dot-com mania, part II?

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