Buy Goldman Sachs for 240-250Nice rebound from 200-DMA + bullish break from ascending triangle and a steeper treasury yield curve could yield a rally to 240-250 levels.
Place stops below 221
Goldmansachs
GS Long from 205.50-204.50After GS top of 255 This Winter, It now approaches a critical target price of 205$. Today it trades at 213$ a share.
GS is a buy at 205-204, however, if it slips below 200 and holds at 199-198, then we will likely see a decline of at least another 15 points, likely finding a bottom around 185 or 178.
IF it does not find a bottom even at 178, we will likely see another decline, this time toward 155 or 150 dollars a share.
These are the options for price bottoms right now.
Possible Short position on Goldman Sachs (GS)While some are junked up on this trade, I'm absolutely bearish from the magic box, nice target around 198.15.
Have a good trading week!!
Never traded stocks in my life- Here's an idea for Goldman SachsGoldman Sachs is a very big bank yes.. I dont know much about stocks I dont trade them.. just doing analysis.
Fast setup for options - Goldman sachs - 4:1 ratioThe recent 30-minute bullish gap puts the market in a bullish scenario. Given this data, the breakage of the triangle that has formed is more balanced upwards. The pattern creates the trigger.
GS - Goldman Sachs again above the centerlineThey managed to crawl above the centerline. again, even in the weekly.
The little pressure favors the momentum for the long side.
Looking for a long entry, up to the U-MLH or to the moon...
P!
Goldman Sachs to feel the gravityMultiple failure around 230 and the daily RSI turning lower from the neutral levels suggests the corrective rally has ended and the stock price is set to re-test 213 levels (April 18 low). Only a daily close above 230 would signal bearish invalidation.
GS confirms Head & Shoulders (TOP) breakout on downsideMr.Anton's post on linkedin made me curious to look into the technical picture
Refer the chart for comments & trading strategy.
Trade Safe - Always keep a stop loss.
Long Goldman Sachs Group Inc.we ile a lot the set up for this stock. The 230 support looks like its working fine, we would be looking for long positions towards the 252-254 support. We are looking for a last bull rally in the markets before a massive sell off in the third and fourth quaters of this year
Long Goldman Sachs The financial sector is having a tough week. Today the sellof looks like its pumping the brakes, and the set up for Goldman Sachs looks really nice. The support @ 228 looks like its working just fine, and we could be looking to take long positions towards the 250-254 ressistance.
Goldman Sachs - rising trend breached amid flatter yield curveA flatter yield curve us bad news for the banking stocks.
Bearish price RSI divergence followed by a breach of the rising trend line suggests the 50-DMA support of 243 could be put to test.
Goldman Sachs - Flattening yield curve, bearish outside day Correction could gather pace as the treasury yield curve continues to flatten. Meanwhile, we have a bearish price-RSI divergence and a bearish outside day candle on the daily chart. The share price could drop to 230 levels
GS @ 1h @ it smeels like an shortterm selloff, last trading daysTake care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards :)
Aaron
GS @ daily @ highest H/L-Range (dow shares) last weekThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
drive.google.com
4XSetUps for next week - friday close (DOW 30 Index & all shares)
Best regards :)
Aaron
$GS Base and Breakout Setup (long)The key to trade this kind of setup is the Buy Stop on a breakout. Without breakout or breakout on the wrong side
--> THE ENTRY IS NOT CONFIRMED.
You can choose to buy breakout pullback though, i.e. after the breakout, wait for the pullback to test the breakout point then buy. This is much safer method but sometimes there’s simply no pullback after the breakout. A compromise might be half to buy breakout and half to buy pullback.
Something DifferentI don't usually trade equities, but a fellow trader told me to take a look at the Goldman Sachs chart...
Price is currently consolidating near the 10 year high of $250.70, after a huge bullish run in the second half of 2016. For me, what I'd be looking for now is a break & retest of this $10 channel, with targets around $218.00 and $200.00 (good psychological level), which would profit between $19 and $37/share.
The icing on the cake for me was a quick look at the RSI, which shows clear bearish divergence on both the daily and 4H chart..... IF we do in fact see the breakout, it could happen within the next few days, or next week Tuesday when earnings comes out, which is estimated to be worse than last quarter.
**Full Disclosure : Even if this setup works out in the end, I probably wont be trading it, just a first glance analysis.**
GS @ 15 min @ Will this technical construct hold, traders ?Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
