Friday, April 21, 2006

Google


Here is a daily bar chart of Google.

In pre-market trading this morning GOOG rallied as high as 454.99. The 456 level is short term resistance and the 444 level is the 4 5/8 multiple of the low trade price of 95.96. I think GOOG will probably react from here down to the 4 3/8 multiple near 420. I also think that GOOG will soon reach my 495 target.

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