Goldman Sachs forming a head and shouldersWith the banking crisis, while the smaller banks are getting hammered, keep an eye on the larger ones too. I would start a short under 325 with intial targets of 320 and if 319 breaks then the neckline of 305. Shortby Francis_TrdzUpdated 25
GS Bear FlagGS bear flag formation and double top pattern, with a clear RSI bearish divergence in formation. Goldman Sachs has been making a series of higher lows on the 2H time frame and had shown no sign of weakness. However, after the recent failure of First Republic Bank, FRC, the spotlight is back on the banking sector. FRC assets were sized by the FDIC the past week and JPMorgan stepped in to buy the failed bank. And while the President assures all deposits are fine, and Jerome Powell assures the banking industry is solid; we also have Warren Buffet and Charlie Munger shedding huge positions in banks and sounding the alarm on the banking industry. Goldman Sachs looks bearish on a break below $338.50. Demand area at $338.50-$340. Resistance at $345. A stock to have on watch this week as we have the interest rate decision this week and FOMC! Our OptionsSwing Terminal picked up bearish activity on the $332.50 strike for this week at $0.85.Editors' picksShortby optionsswing2222 1 K
$GS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:GS after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.Longby EPSMomentum2
GOLDMAN SACHS IS IN A BULLISH TREND GOLDMAN SACHS is in a bullish trend as it is printing higher highs and higher lows. with the price entry near the trendline and the Fibonacci number 0.38 is the same.Longby awais007570
430 target looking to retest all time highslooking for price action to stay within the 2020 trendline and rise from C wave to D leg, at that time many will think of selling, but its building a nice base. this is actually a bull flag in disguise.Longby moneyflow_traderUpdated 5
BATCaution: There is a Rising Wedge at 240ish that has not been broken so it is not valid. Rising wedge are bearish but price is well above it at this time. M pattern that terminated at the .886. Peak 2 is lower than peak 1. Price is trying to bust through the .382 fib level today. Price is at a horizontal Resistance level today. Targets are above resistance levels so these must be broken or targets are invalidated. No recommendation. 52 Week Range 277.84 389.58 Day Range 331.67 335.61 EPS (FWD) 31.98 PE (FWD) 10.44 Div Rate (FWD) $10.00 Yield (FWD) 2.99% Short Interest 1.01% Market Cap $117.24B Volume 1,365,771by lauralea2
GS Goldman Sachs Options Ahead of EarningsAfter the last Price Target was reached: Now analyzing the options chain of GS Goldman Sachs prior to the earnings report this week, I would consider purchasing Calls with a 350usd strike price and an expiration date of 2023-5-19, for a premium of approximately $5.75. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy. Longby TopgOptions3
GSBear flag on the daily. Earnings next week. Grabbed a small 04/21 put position up here, stop above today's high.Shortby Essendy0
GS ( Advancing Phase) Harmonic XABCDThe Trend was Bearish then i noticed Divergence, then the Trend start making Higher Highs and Lows. Took the Entry at 318 and the share price is still moving towards it's Target Price.Longby muhammadsufyan40002
GS GOLDMAN Daily BULLISH Reversal - HarmonicsNYSE:GS GOLDMAN Sachs GS Daily is looking at a BULLISH Reversal . Here Harmonics Bat Pattern is followed by a series of HH and HL. Buy stop Order at the break of last HH will be the way to go. R:R is 1:1 at least. Longby FAYEZZAH1
Goldman Sachs Hourly AB:CDBearish Flag continuation till point D Look for bullish reversal at point D Shortby SMS140
GS GOLDMAN SACHS HARMONICS BULLISH REVERSAL PATTERNTrading Goldman Sachs (GS) using Harmonics Bullish Reversal Pattern. Entry once price cross up point B @336.47 Stop Loss is below point D @301.48 TP1 372.61 TP2 407.58 Point to notice is Potential Reversal Zone at point D, once trend changes and Higher Highs and Highs and Higher Lows are printed use Buy stop order above point B. There is a clear divergence at point D which strongly indicates that the trend change is almost imminent. Longby zafarkhan10061
$GS, Swing Levels$GS is approaching a bullish cross on the fast EMAs. On the long run, there is positive price action while that lower high shows kind of weakness on the short run.by TizyCharts0
Goldman Sachs channeling a recovery. GSI would have loved nothing more than a total collapse of this one. I shorted this one many times last year, but alas the guys in New York got bailed again. There is a WXY channel within a larger B of an Elliot flat. We are due to start the Y soon. Hidden momentum divergence, confirmed by a volume one, thus there is something there on the divergence level as well. 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 green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.Longby Rykin_Capital1
Weekly Levels : GSNext Support and Resistance Area for $GS Identified on the chart the next possible Support and Resistance, where the price will exit this trading range.by TizyCharts0
GS Goldman Sachs exposure to Circle and USDC !!!Goldman Sachs has been a significant investor in Circle since the company's early days. In 2015, Goldman Sachs participated in a $50 million funding round for Circle, alongside other investors such as IDG Capital Partners and Breyer Capital. This funding round was notable for being one of the largest investments in a bitcoin company at the time. Since then, Goldman Sachs has continued to support Circle, participating in subsequent funding rounds and providing assistance with the development and adoption of Circle's products. In particular, Goldman Sachs has been involved in the development of Circle's USDC stablecoin, which is pegged to the US dollar and used for a variety of purposes, including facilitating international payments and enabling decentralized finance (DeFi) applications. In addition to its investment in Circle, Goldman Sachs has also shown interest in other areas of the cryptocurrency industry. In 2018, the investment bank announced plans to launch a bitcoin trading desk, although these plans were ultimately put on hold due to regulatory concerns. Nevertheless, Goldman Sachs has continued to monitor the cryptocurrency industry and explore opportunities for involvement in this rapidly evolving market. And I think there are new information about to be revealed about Goldman`s investments in Circle and cryptos! If you want to buy Puts, here are my favorites: 2023-6-16 Expiration Date $310 Strike Price $14.40 Premium Looking forward to read your opinion about it!Shortby TopgOptionsUpdated 7
Just patterns nothing elseCan the future be predicted based on the past? You tell me...Shortby carefulRhino97368Updated 5
Keep shorting GSWhy? It;s the MOST evil company in the world. ALL presidents in Europe were replaced by Goldman Sachs puppets, Also there's a massive head and shoulders and it's in a clear downtrend... www.youtube.comShortby Monsieur_Lumberg0
GS WAVE C CRASH EARLY STAGEThe chart posted is my top wave count based on ew and cycles I do not in anyway see the Fed coming to the rescue the cycles I stated in dec 2021 are clear the deflation of ALL assets min downside is and will be at or about the march 23 low 2020. . I have been every clear based on 121 years of data the 20 month avg turned down and had 90 days to overcome the 4250 area in the sp 500 we have now passed it 3 days ago we are only mid point in the Bear Market and the worst has yet to come . The fed will reduce the balance sheet over the next 24/30 months and based on the Mandate of 1913 to keep INFLATION under control .I stated in dec 2021 the we ended a super cycle bull market dated back to 1974 and most likey to 1932 under both views my target of 3511/3490 was going to be the first leg down . We ended the abc rally into aug 16th as the forecast called for then dropped into the time cycle due oct 4th to the 20th focus oct 10th we have rallied into alt date for wave 2 into feb top the only way to view this drop at BEST is a wave B . I have moved all my funds into us T BILLS . the wave C CRASH based on all the data back to 1902 has min date is OCT 2023 and No New BULL MARKET till OCT 2024 The DEPRESSION LOW . BEST OF TRADES WAVETIMER . I ALWAYS SAID I WOULD BE HONEST AND STRAIGHT FORWARD by wavetimer3
💾 Goldman Sachs Group Worst Since 2008 | Major Crash AheadI was about done but couldn't stop this without looking at the infamous Goldman Sachs Group, this is the 8th biggest bank corporation in the USA. The peak/All-Time High here was hit November 2021, together with Bitcoin and most of the worlds financial assets... Let's start with the weekly chart: ✔️ In January 2023 we saw the highest selling volume week since February 2016. This tells us that the insiders know what is coming and started the sell-off early on. ✔️ This week pushed GS below EMA50 and EMA100. ✔️ We are at the 4th consecutive week closing red and the financial bleeding seems to just be starting. ✔️ The RSI trending down like there is no tomorrow and the MACD histogram has gone red with a bearish cross. I'll show you the MACD because the bearish cross is always quite revealing: The monthly is the main chart above, the real bad news. ✔️ GS was still trading above EMA10 last month, breaking below this very same week. This tells us that there is still plenty of room for this stock to go lower. ✔️ The MACD is still above 0 (bullish) but trending lower. ✔️ The RSI is still strong (above 50) but in a downtrend. The biggest disconnect from reality so far from any bank can be seen on this chart. The Goldman Sachs Group (GS) holders, buyers, traders or whatever you want to call them, haven't been selling, they are still holding strong. Some people are going to experience a rude awakening... The worst is yet to come. The banking system is going down, that's my conclusion after reading all these charts. Thank you for reading. Namaste.Shortby AlanSantana14
Goldman Sach Looking For Bids Into 310/20IN this update we review the recent price action in Goldman Sachs and identify the next high probability trading opportunity and price objectives to target01:40by Tickmill3
GS ShortWeekly down trend At support/resistance, 350 Short Entry 347 Stop 380 Target 280, 250 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. Shortby PlanTradePlanMMUpdated 0