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Sunday, November 18, 2007
Bullish technical pattern for Google (GOOG).
In the beginning of November Google (GOOG) reached $750 but after shares dropped to $630.
It seems there is a support on $625 (at 50 days moving average). Last trading day Google crossed over but return back before closing bell. Candlestick has created technical pattern "hammer".
I open long position with protective stop loss slightly below $625.
8:15 PM | Filed Under Google, US markets | 0 Comments
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