TA Charts & Call Options Indicating Extreme OVERBOUGHT Condition Existing...
And that a major sell-off is imminent. Smart money only wasn't this a bit higher to drive puts lower before they buy them and then sell GOOG. So be extremely careful buying at these levels, In fact, I would strongly suggest against. Instead, I'd wait for the pullback before initiating a position of any kind.
Wait for it, the pattern all week has been up early, drift back some, and then around 2pm EST start the ramp up into close. This being Friday though GOOG could "flash option expiration crash" back below 730 and resume next week to 750.
Major support is at around the 690 & 660 range... But only expect to retest those areas if the S&P rolls over. Near term support is around the 726 & 722 range. If those fail expect a quick retest of the 716 to 706 range.