Over the past few day's Google Inc. (NYSE:GOOG) has cleared significant overhead resistance. The resistance level that Google cleared was $1,040.00 per share. Using the Discounted Cash Flow valuation method, I will calculated the next resistance level to create a short-term price target. Also using the DCF method, I will assess the downside risk if the stock drops below the $1,040 resistance price level.

The Discounted Cash Flow valuation relies heavily on the company's operating income, tax's paid, depreciation &

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