GOOG, Google Inc., at price level support.

March 18, 2011 in Daily Outlook

GOOG, Google Inc., at price level support. GOOG broke but is currently holding just below 200 EMA.  Watch for rebound and be mindful of approaching earning date.   Strategies to Consider – Current Price action = $561 Shorting Bull Put April $520/$500 strike collects $2.5 in premium on $20 exposure.  Requires GOOG not close below $520 by April expiration. // < ![CDATA[ google_ad_client = "ca-pub-0990132012112887"; /* My Trading Blog 728 link unit */ google_ad_slot = [...]