Further upside on GOOGGoogle is now approaching the all-time high. The RSI plots indicates continuing bullishness. The growth story of Google Inc. continues to remain with continued strength in ad-supported search. GOOG continues to be the dominant player in the US and the world market for internet searches as per comScore ratings. There are media reports of FTC clearing the DoubleClick acquisition in the near future. The company has further strengthened its fundamentals with the partnership with Nielsen and the launch of OpenSocial and Android. The stock can penetrate the all-time high ($747.2) and reach $765 in the short-term.
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