| Videos | Channels | Search |
Trade idea: Search for profit in Google
Google is the focus of Serge Berger's trade this Monday. Serge, also known as "The Steady Trader" says that going into September, stocks in general may have been "choppy", but the tech sector has shown strength. He adds that Google has now moved up to a 50-day moving average, which is an important level as the stock "respects it very well".
As a result, Serge is looking to buy at $886.60,
is placing a stop at $870 and his target is $925.
Google, which is now the world's number one search engine, celebrates its 15th Birthday this month.
The internet company bought Motorola in 2011 and a new
Moto X handset is expected towards the end of this year.
Disclaimer
Saxo Bank Group provides an execution-only service. All information provided on Tradingfloor.com is solely for general information. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. Saxo Bank Group will not be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available as part of the Tradingfloor.com or as a result of the use of the Tradingfloor.com.
Please read our notification on
Non-independent investment research disclaimer
01:02 minutes
Tags: 50 day, berger, blue oak advisors, equities, equity, google, google anniversary, google equity, google investment, google profit, google results, google returns, google search, google shares, handsetm, internet, internet company, internet equity, internet stock, investing, investment, moto x handset, motorola, moving average, profit, risks, saxo bank, saxo tv, search engine, serge, serge berger, smartphone, stock, stock markets, tech, tech firms, tech sector, technology, the steady trader, trade idea, trader, trading, trading risks, tradingfloor.com, video