Yesterday we discussed GOOGL as as short at the 200-day moving average. The stock is moving lower today and we would use the 200-day line at 722.91 as a guide for an upside stop. Keep in mind that this is about 1% above where the stock is trading now, so those who have a great risk tolerance could choose to use the 10-day line at 726.25 or the 20-day line at 728.71 as alternate guides for a stop.
Short-Sale Set Up - Review of GOOGL Short-Sale Set-Up
|Published:||19 May 2016 14:25 ET|
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