Shares of Google Inc (GOOG) have seen a modest correction after the release of the company’s second-quarter results last Thursday, July 18. Yet it seems like only a matter of time before shares of the most popular search engine will break through the $1,000 mark. While short-term earnings are under pressure, that’s because of “overinvestments” in the company.
Google CFD Trading strategy:
Short Sell @ $908 - Stop loss @ $948 – Target @ $857 and $831
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