Google’s Earnings

February 1st, 2007 • Related • Filed Under




Google is currently down 2.4% at $489.46.

Well, the numbers were positive, but not quite up to the expectations of investors and their institutional counterparts. Although I was right on the short-term breakout from the symmetrical pattern, the sudden change in earnings quickly squashed any previous momentum being carried by the stock.

No worries in the coming months because as you may already be aware of, the longer the consolidation, the more powerful the breakout when it does finally occur.

Good Investing…

More on this topic (What's this?)
Google Patents: a good idea that needs some work (Pharma's Cutting Edge, 12/14/06)
Stocks To Watch, Google and NYSE (Stock Trading To Go, 12/21/06)
Google Gets Support, But Will it Last? (Stock Trading To Go, 12/14/06)
Read more on Google, Net Income at Wikinvest

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