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Make Fast Money Scalping GOOG



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Oct 31 2006
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Since google (NASDAQ : GOOG) gap-up after it announced excellent profit ( here ), it has found a new support level at $475 … and the resistance at roughly $480 …

Based on the last 8 days chart, there seems to be a space-of-opportunity to scalp this fella to make some fast money … how ? wait for it to consolidate to just slightly above $475, buy it (shares or option, i prefer option due to it’s leveraging power) … and when it rise to slightly below $480, sell it to lock-in profit …


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