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Google (GOOGL) Finally Comes To Life

FYI: Google (GOOGL) has been dead money for a year now, trading back and forth between $500 and $600. Over the last four months it has traded in an especially tight range between $520 and $580. This week the stock has finally come to life, though, and it’s currently trading just above the top of its four-month range. Is the name ready for a breakout?
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/google-googl-finally-comes-to-life/

Comments

  • edited July 2015
    Google up strongly after WSJ reports of spending/hiring curbs
    Jul 14 2015, 14:28 ET | About: Google Inc. (GOOG) | By: Eric Jhonsa, SA News Editor
    (GOOG +3.3%, GOOGL +2.9%)
    New Google C F O Ruth Porat is "involved in an internal audit examining costs, revenue and accounting systems," the WSJ reports ahead of the Web giant's Thursday Q2 report.
    Google is one of the better large-cap tech performers on a day the Nasdaq is up 0.8%. Class A shares (NASDAQ:GOOGL) are up 11% YTD; Class C shares (NASDAQ:GOOG) are up 7%
    http://seekingalpha.com/news/2628305-google-up-strongly-after-wsj-reports-of-spending-hiring-curbs
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