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Old 02-01-2006   #54
Robin
Officially Tired of retirement
 
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Join Date: Dec 2003
Posts: 296
Default Re: stock marker will fall out of bed tomorrow

Quote:
Originally Posted by Robin
Wednesday 11th Jan: $475
Friday 20th Jan: $400

It's smashed down through the 20 day and 50 day SMAs and is fast heading for the 100 day SMA of $372. If it drops through that then the next support is probably the $311 of the day before their last earnings report.
Wednesday 1st Feb: $380



It's climbed a bit back up to 400 and met strong resistance and is now falling again. 370 is the support level - if it drops below that I may buy back in but only 3 days after it bottoms, just to be sure. GOOG is a good stock but it's just been too high lately - at the right price it'll be very worth it.
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