GS trade ideas
IRON TARIHi guys!
This iron condor is 4 weeks, 10% strikes, 87% probability to get max profit.
The premium is nice, with 5$ spread per strike we have:
Max profit 90$
Max losso 410$
Very nice for an 87% proability to get the maximun credit!
Enjoy your wallet!
Tari.
GS swingHello, as my idea of swing-trading with JPM, here is the same working idea too. Waiting for statement publication and look what will be.
They have potential to growth or falling in both direction. But I think, mostly it will rise.
$GS Before earningsGS has put in a larger wave 1, 2 o the daily timeframe, and it seems that this near term pullback that we've experienced could be a wave 3 to 4, looking to break higher in the following days. Indicators show and upwards trend, ready to test those highs again. The only bearish divergence is the conversion wave on the Ichimoku indicator, crossing lower over the last few days. Whether this is a corrective wave or not, due to the recent low on the daily chart, we are still prime to correct to a wave around the .382 or .236 fib levels. If we break higher, then my target of 370.35 is still on target. This is all dependent on ER coming up this week.
Goldman Sachs Reports Earnings Next WeekThe last two weeks have seen a sharp pivot toward technology stocks and the Nasdaq. But traders might want to remember that big financials including Goldman Sachs kick off earnings season next week.
Several patterns appear on the chart. First, GS has pulled back near its 50-day simple moving average (SMA) but not quite touched it.
Second, its range has been tightening. Bollinger Band Width is down to its tightest levels since mid-December. This creates the potential for price expansion.
Finally, stochastics recently showed an oversold condition.
Aside from earnings (on Wednesday, April 14), the economy is a potential catalyst for GS. Most data continues to point toward a strong recovery – especially today’s higher-than-expected producer price index.
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GS 🌦I got the drop I wanted for the finance sector now we look for longs after earnings. Be mindful of IV crush! Both variables have a running flat Elliott correction wave (ABC). This is formed when two trend lines are pointing up. You then look for what we call an LDC (lower degree correction) as a signal to enter a trade.
GOLDMAN SACHS LOOK FOR DOWNSIDEAS YOU CAN SEE C WAVE OF SECONDARY ABC CORRECTION LOOKS COMPLETE. I CAN EXPECT PRICE TO COME TO DOWNSIDE TO COMPLETE BIGGER PRIMARY CORRECTION PATTERN. YOU CAN LOOK FOR SELL SETUPS ON LOWER TIME FRAME FOR BETTER ENTRY.
Take care & Thanks.
goldman sachs... life on the edgegoldman has moved very high, very fast
any bad news or a reversal in trend with profit taking could see this fall off of a cliff
GS Long • Goldman Sachs reversed from support level 320.00
• Likely to reach resistance level 340.00
Goldman Sachs recently reversed up from the key support level 320.00 (which has been reversing the price from the end of February).
The support zone near the support level 320.00 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward impulse 1 from January.
Given the clear daily uptrend – Goldman Sachs is likely rise further toward the next resistance level 340.00 (former support from the middle of March).
GS - UP trendGS - looks good for a reversal here. Needs to hold above the white line. if it does we are looking for $360.
GS Price Target 347/348GS has been on very strong run all March and broke though our trendline that has been holding since early Feburary. We recently had a strong pullback to the previous ATH @336 and is now holding above. As long as we continue to trade above 336 we will find ourselves at our PT @342/347-348.
Buy Goldman after a flush down intradayI’m still bullish on bank hence I’m gonna take a short term gamble on Goldman
$GS Goldman Sachs - Reversal in Progress$GS Goldman Sachs - Found support at the March 2018 high mark just above $271. This appears to be holding as support.
Unusual options activity today -$1.0M in 2/5/21 $280 strike OTM calls bought (7x OI)
Medium term target - $330 possible by early March
Note: This is NOT investment advice.
+14% Move in $GS falling wedge , i posted it here for you .We made a new 52WH and it looks higher too .
It takes a lot to make money , not only charts and technical , you need to trust your own views .
GS tryna dig a hole to China (for now)Boy do I love gartleys.
Goldman Sachs hit the double top. I predict the value will fall for a few months. But remember gartley is a harmonic pattern rooted in human emotion and this is a fairly large scale to be applying that sort of TA to.
For now I think it's a safe bet to assume the value will fall over the next few months. Target between $242 and $214 if the trend continues.
What do you think?
Bull Flag Cup&Handle Broke UP from Rising Wedge ABC BullishGS has never broken the bottom trendline of the bearish rising wedge it traveled in and has made a lot of gains since breaking up and out of it..You can see rising wedges by the trendlines sloping up and toward each other with a lack of touches to the bottom trendline. I have noticed several stocks do this, break up from a RW, but there is usually a deep pull back later on, ie CRM broke up and out when added to the DOW. Bearish confirmation of the pattern does not come until the support line is broken in a convincing fashion. While it is a consolidation formation, the loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish. The final break of support indicates that the forces of supply have finally won out and lower prices are likely. Because the two levels are not parallel it’s considered a terminal pattern. This implies that it must eventually come to an end. But who knows when?? LOL May go up forever for all I know (o: GS did break bottom trendline of the larger rising wedge and formed a flag and an abc bullish pattern in the process.
Maybe it will never come back down to the lower, smaller RW? AAPL has not done so yet..
There is also a prior cup and handle pattern, an ABC bullish formation and now a Bull Flag! I bet the best matador could not kill this bull! But Mr Market will but it may not be anytime soon and there is not way to know when.
Short interest is on the low side despite the presence of rising wedges. NV and OBV are very high...
I would just be careful..but I am not in this one so do not listen to me )o:
Not a recommendation and be safe..
$GS 1h XLF is Bullish according to the heatmapScanned the the heat map chart and financials along with XLI is bullish. Calls above 290.74 looks good for an entry to me.
GOLDMAN SACHS Trend Analysis + LEVELS GSGS is going through the correction. This should be a good opportunity to open LONG TERM positions for HOLDERS.
ENTRY LEVELS LONG:
$264
$252
$222 - STRONG BUY
