Google Inc. (GOOG) Stock Technical Analysis May 23, 2013

The following is technical analysis on Google Inc. (GOOG) stock for May 23, 2013

Google Inc. (GOOG) Resistance, pivot &  Support Levels – 5/23/2013

Resistance levels:
Pivot point:
Support levels:
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Google broke support at $900.The shares have had an amazing run-up over the last month, gaining nearly 14% in the process. Today, support at the $900 level is being tested with shares having broken that level to reach $886.61 and then bouncing slightly back above $889. If the stock can close back above $900, it will have passed the first test of support at this area. If it fails to do so, it could give bears in the stock an opportunity to sell and chase out longs in the name. First support today is at the session low at $886.61. Resistance is at $909.31.

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