Google Inc (NASDAQ:GOOG), has been fluctuating and currently is trading at $600.80 per share. This is right between the levels of its MA – 50 ($621.14) and MA – 200 ($593.11) ranges, and where it makes the greatest sense for the company to find its stock position.
Partly, binary GOOG is withing the lowest levels of the last few months because of Facebook Inc. (NASDAQ:FB). Initially, binary options traders were expecting the release of FB and were putting other internet companies such as Google secondary, in their binary options strategy list. After Facebook started trading most of the investors were disappointed with the performance of its stock. As a result, they lost to a large degree some confidence in other internet stocks such as GOOG.
- Founded: 1998
- Founders: Larry Page and Sergey Brin
- Incorporation: September 4, 1998
- Initial public offering (NASDAQ) – August 19, 2004
The information in this analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument.