Gavekal Capital: Google briefly tops $1000 for the first time, up 12% so far today

Friday, October 18, 2013

Google briefly tops $1000 for the first time, up 12% so far today

Google beat analyst expectations for 3Q EPS. They reported $10.74 vs expectations $10.34. They also beat revenue expectations by a bit. More importantly to us, technically if Google holds these gains today they will get back on the "right side" of the upward trendline that has been in place for over 2 years.
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