Google Is Coming Back With The Market

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Google Is Coming Back With The Market

By Justin DiPietro on March 25, 2009 | More Posts By Justin DiPietro | Author's Website

Looking at the technicals of Google (GOOG), we can see that Google is currently in the start of an uptrend. This is shown by the higher lows on both the daily chart and the weekly chart shown below. Google has bottomed out at 247 in November of last year.

Since that time, it has gone to its current price of 353. I think it is a safe bet that Google will make a climb to its next resistance level of 382. If the stock is able to close above this level then we should see Google continue to move up to at least 411.

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