Goldman Sachs (GS) LONG Opportunity
Nice double bottom at $372 and bouncing off the 120 EMA.
Gapped above the daily down trend line for past month.
A 127.2 Fib extension from last major high to low gives
possible target of $433
Financials usually like higher inflation and interest rates,
up to a point. BOA and others breaking upwards.
They may want to fill the gap down to 393ish before
taking it up
Gapped above the daily down trend line for past month.
A 127.2 Fib extension from last major high to low gives
possible target of $433
Financials usually like higher inflation and interest rates,
up to a point. BOA and others breaking upwards.
They may want to fill the gap down to 393ish before
taking it up
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.