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Trade Idea - GOOG

MensagemEnviado: 9/3/2008 11:13
por AC Investor Blog
GOOG has chance to start new rally as K line is about to cross on top over D line. However since the stock is still weak as MACD is below 0, if K line fails to break above D line, the downtrend may continue, but in my opinion is unlikely this happen due to the high oversold conditions. I estimate that the stock might go up at least $450 next week.