Immediate targets 344, 325, 301. Invalidation 467. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Buy from current and 7.60, stop 7.29, target - 9.41
Today marks the announcement of Goldman Sachs earnings. Some scenarios I could see happening
If you can look at my horrible chart, you can just about see that a double top is forming. Now you may be like well done you know how to identify what my 11 year old kid can do, but lets look outside of the box. Wall street is yet to open as new york is 5 am, and chicago is 4am, so some of the biggest players are still fast asleep dreaming about something. Now...
Goldman Sachs GS american stock buy opportunities after reaching monthly demand level around 157. This monthly demand imbalance has gained control after a strong drop for a few months. New weekly demand level is being create at $178 as a reaction to monthly demand level, shorts are not allowed on this stock. Long term long bias with bigger picture uptrend on all...
GS broke out of its major support turned resistance at 171.75 where it could potentially drop further to its support at 137.33 (horizontal swing low support). Ichimoku cloud is also showing signs of downward pressure which contributes to our bearish bias.
Goldman Sachs is testing support at 190.47 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 230.72 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is testing support at 3.5% where a corresponding bounce could occur.
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Sell @229.30 SL: 250.00 TP1: 210 TP2: 192 Breakeven @ TP1
Goldmans Sachs had a great really from November 2016 until now. The chart is moving sideways now and shows singular sell signals . The investors are less modifying their $GS positions. They make themselves ready to close their position. The sideways chart shows irresoluteness about their actions.
Clear wave pattern seen in the XLF -0.25% ETF . I'm expecting one final push up from 23.54 right now in the next few weeks with a target of 24.76 (76.4% retracement of 2008 highs). It would have been pretty good level to accumulate some long term puts up to a year. The anti-bank sentiment is far from over, and almost certainly not right now. Trump rally at...