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Google is currently at a key technical resistance of $566.61. If this level holds as resistance going into March 12, 2010 then a series of significant declines can be forecasted. The first target for the decline is $496.88. In the earliest scenario, April 2, 2010 is the projected date when price is expected to meet 496.88
If 566.61 does not hold as resistance then price is expected to reach 590.66 by April 2, 2010.
Additional Support & Resistance Levels:
S1= 496.88
S2= 460.42 - Time Target= 07/05/2010
S3= 411.71
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R1= 566.61
R2= 590.66
R3= 615.21
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Important dates on which price could meet the following price targets:
1) March 12, 2010
2) April 2, 2010
3) April 20, 2010
4) May 7, 2010
5) May 28, 2010
6) June 15, 2010
The dates listed above have not been derived from Planetary Degree Dates and are therefore unique to Google's stock.
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