By Tim - http://stockstobuy.org
The following is Google Inc. (GOOG) stock technical analysis for January 22, 2011
Google Inc. (GOOG) Support & Resistance Levels - 1/22/11
Google Inc. (GOOG) Support & Resistance Levels - 1/22/11
Resistance Levels: $645
Support Levels: $628
Chart - http://www.stockcharts.com/
Google Inc. (GOOG) closed at $611.83 on Friday and saw large selling in the afternoon session. Google Inc. (GOOG) reported excellent earnings on Thursday night but the stock had already priced this in. Google will have support on the downside located at $600. If GOOG would fall below $600, the stock becomes a strong buy. I strongly believe Google will hit $700 sometime in 2011.
Chart - http://www.stockcharts.com/
Google Inc. (GOOG) closed at $611.83 on Friday and saw large selling in the afternoon session. Google Inc. (GOOG) reported excellent earnings on Thursday night but the stock had already priced this in. Google will have support on the downside located at $600. If GOOG would fall below $600, the stock becomes a strong buy. I strongly believe Google will hit $700 sometime in 2011.
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