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5 Must-See Stocks to Trade for Gains


Even if Google (GOOG - Get Report) isn't the most visually attractive setup on the market right now, it's another example of a stock that's testing a key resistance level this week. Shares have been pushing hard intraday today, and look like they'll still be above $546 resistance by the close. If that's the case, an open above that price on Friday marks a very solid buying signal for traders.

Google's nearest support level is a bit lower than I'd normally like to see from a risk-management perspective. With that in mind, a protective stop just below the 50-day moving average is a good compromise -- particularly given the upside momentum this stock has right now.

Google shows up on recent lists of 3 Funds' Best Stock Picks Ahead of Earnings and 10 Large-Cap Stocks With Upside.
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DE $73.57 0.00%
EC $8.95 0.00%
GOOG $626.91 0.00%
MCD $99.79 0.00%
SPY $195.00 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

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