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Friday
Jan082010

Google Struggling on High Volume

DateFriday, January 8, 2010 at 06:16AM

Ever since the release of their Nexus One phone, Google's (GOOG) stock price has really struggled.  And it has struggled on very high volume.  As shown below, the stock is quickly approaching its 50-day moving average, so it will need to hold that support to not break below its uptrend channel.  If it breaks below its 50-day, the stock might have a tough time over the next couple of months.


Googprice


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