GS, arguably an over-valued stock, formed a divergence against MACD histogram, bouncing back from channel lower line and 78.6% fib level of latest rise. Stochastic lines also crossed over.
Above hints gave me a short-term BUY recommendation for GS.
SL: below 227
TP: 252-254
Above hints gave me a short-term BUY recommendation for GS.
SL: below 227
TP: 252-254
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.