Tuesday, July 05, 2005

Google Price Boxes

Google's 40 point price boxes are getting a bit long in the tooth so this hourly chart shows my latest estimate for the hourly chart price boxes. These are slightly larger, 41.82 points, with the top of the current box at 309.25 and the bottom at 267.43.

I think GOOG will stay in this range for a while but that it is a strong buy anywhere near 270. I still expect GOOG to reach my 376 target later this year and this number may well prove to be too conservative.

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