may be bad news coming or future is down
The news is they sold Motorola Home. Price is as expected. What's the problem?
with European FTC anti-trust no longer a catayst for this week, and technicals retraced along with another void patent vs Apple maybe it's time for a pullback. Fiscal cliff doesn't seem to help
problem is Google picked up the set-top box business with the closing in May of Google’s acquisition of Motorola Mobility for $9.8 billion,, now they selling 2.05 billion so they loss $7 billion now.. that why stock is down ah
GOOG made move down from $770 to test lows at $636, or -$134move, and think it has nicely retraced that move back up to $720 before expiration (62.5% retraced is $720)
it could mean to consolidate for the next few days, but who knows in this market everything is a #$%$ shoot