Google Closes Above $500

Today Google (GOOG) closed at $509.65, its first close above $500. The stock is on the upside of the current price cycle, its fourth cycle since October 2005.

Google could continue to head higher but at some point in the near future the upside of this cycle will end and the stock will head to the downside.

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Google Moves to the Upside
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Posted November 21, 2006.

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