Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Google Makes a Discount for Traders

Google Makes a Discount for Traders

Information is not investment advice

When is Google's stock split?

Alphabet, the parent company of Google, will make the 1:20 split on July 15. After the closing bell, the stock's price will be divided by 20. As a result, it will become 20 times cheaper on July 18. At the same time, the number of Google shares will increase 20-fold. Simply put, if you got one Google stock on your account, it will turn into 20 stocks. What’s the catch? Let’s go through the things traders should know about the split!

Will the split affect investors?

The main thing to remember is that the Google stock split is a cosmetic change, which doesn't mean anything to the company's fundamentals or business model.

However, there are two reasons why stocks usually outperform after splits:

  • Investors view stock splits as a sign of management's confidence. 
  • Splits increase the stock’s liquidity by making shares more accessible to retail investors. 

When shares of a company are trading at a high price, there’s often less trading activity because fewer investors are willing to buy or sell the shares – it’s too expensive. When the share price is lower, there’s typically more trading activity because more investors are willing and able to trade the shares. Increased liquidity could make it easier for Google shareholders to buy or sell their shares when they want to.

A Google share was worth about $2000 before the split announcement. After the split, each share will cost about $100, meaning that even small investors can now afford buying some GOOGLE.

Overall, the split is a positive event for investors and traders. It will lead to more buying and selling activity in the future. While the stock split itself doesn't have any bearing on Google's fundamentals, it is still a positive sign for the company's prospects.

Technical outlook

GOOGLE, daily analysis

GOOGLEDaily.png

Currently, the price is consolidating between the $2370-$2500 resistance range and the $2020-$2120 support area. If it breaks above $2500, consider buying with the target at $2650.

On the other hand, if the price breaks below $2020, consider selling with the target at $1820.

Until then, sell GOOGLE at the resistance range and buy at the support area.

Do you want to get more trade ideas and insights? Subscribe to the @FBSAnalytics Telegram Channel!

 LOG IN

Similar

Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Popular

FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

Choose your payment system

Feel the Team Spirit

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later