StockFetcher Forums · General Discussion · Trade in GOOG<< >>Post Follow-up
767 posts
msg #90305
Ignore gmg733
3/25/2010 9:24:02 AM

GOOG looks to be worthy of a bull call spread. It looks to have bottomed at 520 and minor at 540, pulled back into minor support and good volume yesterday. Nice sharp RSI reversal and approaching MACD(2,3,1) zero line. The less risky crowd could buy DITM as a stock replacement strategy.

For the sellers out there, you could sell the front month bull put spread for some nice premium fairly out of the money.

Good luck!

StockFetcher Forums · General Discussion · Trade in GOOG<< >>Post Follow-up

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