Goldmansachslong
GS Fibonacci Circle Price Positions There are two positions we are either in
The white rectangle which is the beginning of a rejection pattern along the circle, or a green circle which is a bullish pattern that finds support on the circle
I am leaning more towards the green circle position (bullish state) due to the position price being quite highly above the circle and it is more comparable to the green circle on the yellow fib ring
Being above the green trend line adds to this bullish assumption
This is the Weekly chart for GS (Goldman Sachs)
10/17/21 GSGoldman Sachs Group, Inc. ( NYSE:GS )
Sector: Finance (Investment Banks/Brokers)
Current Price: $406.07
Breakout price trigger: $405.00(hold above)
Buy Zone (Top/Bottom Range): $396.75-$379.00
Price Target: $419.30-$421.60 (1st), $465.00-$467.40 (2nd)
Estimated Duration to Target: 19-21d (1st), 123-130d (2nd)
Contract of Interest: $GS 11/19/21 410c, $GS 1/21/22 430c
Trade price as of publish date: $9.70/cnt, $10.27/cnt
GS - buy support zones analysisHello traders,
Description of the analysis:
Goldman Sachs group (GS) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Goldman Sachs Group Inc potential reversal!Goldman Sachs Group Inc expected to rise up to 1st resistance at 211.72 where it could potentially react off and drop down to 1st support at 183.19.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Goldman Sachs | Outlook & Earnings bearishLooking at Goldman Sachs chart.
The SQZ indicator continues to turn hard green. Indicating further down side.
The stock has been ascending on descending volume. Bearish sentiment.
The MacD is about to have a bearish crossover.
The chart follows the bearish sentiment that is seen across the market.