50-day SMA: 655.79 | 100-day SMA: 637.46 | 200-day SMA: 571.34
The Big Cheap. Today's gain before the earnings report is misleading; after hours, sellers prevailed because Google "missed" analyst expectations. It is what it is, and GOOG traded at 526 the last time I checked. Sad. The Co is still destroying competition, and Adsense revenues are up 30%. However, at 525 (or lower tomorrow), shares will be cheap. I wouldn't touch any, though, for a few days as the sellers shake out and buyers re-enter. Similar to what happened in mid-July; took GOOG almost two months to start moving up again.
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