I happened to be watching Google this afternoon, and noted (30 minutes before the close) that it was falling short of its 200 DMA, and forming a double-top. Worth noting as a possible short, or more likely to put in a limit order to buy at the bottom.
However, in the last 25 minutes someone bought over 1 million shares (at an average price of $375, that's big money!) to force the price up to a new high for the month. While the ploy is obvious on an intraday chart, it looks very bullish on a daily chart, which I'm sure is the point.
Anyone care to speculate on who would spend this kind of money just to make a chart look good before earnings? And whether they will do it again tomorrow?