GS
Análsis 11 de Mayo Swing GSAnálisis de Swing en GS para el 11 de mayo Alto riesgo sin vela confirmatoria. Juego a pura institucional.
Actualización Análisis GS Hace una semana trabajamos un Swing Call GS pero en los últimos 3 días ha hecho un cambio de patrón dando formación de triángulo descendente. Por lo que decidimos reversar las posiciones buscando el rompimiento de triángulo hacia la baja. Posiciones de alto riesgo.
GS - HS& formation short from $236.83 to $19.13 GS seems forming a possible downward neckline H&S formation. Twiggs money flow deep in the negative side. Now if it can break its neckline around 236, it can decline down to 220 area.
* Trade Criteria *
Date First Found- April 26, 2018
Pattern/Why- H&S formation
Entry Criteria- $236.83
Exit Criteria- $219.13
Stop Loss Criteria- $246.77
Indicator Notes- Twiggs money flow deep in the negative.
Special Note- $225 July Puts which are currently reported to be $4.80
Please check back for Trade updates. (Note: Trade update is little delayed here.)
$GS Looking Oversold$GS Expecting a bounce in the near term. Stock is looking oversold approaching trend line and 200 day ema.
Bearish SignalsFirst off, I'm not the best @ TA, so I would appreciate it if a mistake is seen - please tell.
Multiple bearish signals on Ichimoku cloud, RSI, MACD. Very similar pattern is evident on GS & MS.
Default rates on student loans, retail, & personal are climbing. Combined with a mediocre jobs report, this spells out trouble for banks. However, to me, the most important thing is that big banks have continued to do sub-prime loans. They are the loaners of the loaners of the loaners. Many 2nd & 3rd tier subprime loaners have defaulted and declared bankruptcy. This is not good news for big banks, who, in my opinion, have got greedy, again. On top of this, banks did not do exceptionally well in earnings considering the tax cuts of President Trump.
Nearly $200B in likely exposure, at minimum, for the top 6 big banks alone.
wolfstreet.com
wolfstreet.com (I quite like wolfstreet, very well researched analysis, reasonable article, in my opinion)
www.forbes.com
Bearish pattern on the financialsYou can see here that financials have put in a series of lower low's. Often in such cases, we see retracement back into the original range. If you are looking for a short opportunity entering at the 50% level with a downside target at the 1.6 extension level would offer a reasonable risk/reward ratio. With the midterms coming up, I would expect a low prior to election day.
GS Goldman Sachs - Ascending Triangle, Fib clearanceQuick long opportunity in play here...
ascending triangle, Fibonacci clearance. Chart tells the story. Opportunity for 10+ pt move in a high prob. setup.
Target 278-281.
monitoring bearish Head & Shoulders set upXLF needs to get over $29.50 to invalidate the bearish head and shoulders pattern present. Focusing on the right shoulder Red Box . Head and shoulders pattern is not confirmed nor completed yet. Disclosure i'm short $bac Bank of America
Overview in US Economy 1996 - TodayThe closer you look the less you see.
Goldman Sachs four stages of economic growth
1)Despair
Outperformed : verified
Utilities and Health care
2)Hope
Outperformed : verified
Car Manuf
Chemicals
3)Growth
Outperformed : verified
Real Estate
Travel Sector
4)Optimism
Outperformed :
Latest themes such as : verified
Electric cars
Latest tech such as : verified
Cryptocurrency
GS inside day after earningsGS has a inside day after earnings, and it's one of my favorite trade!
The stock futures had a little bit plunge this afternoon as the news about Spain, while in terms of inside day, we won't be afraid of news.
What we focus on more is the direction it breaks.
If it's able to break to the upside, it means it shows great relative strength and it's still a nice long; If it breaks to the downside, then it will pretty much be a short-term trade as I am not bearish with the stocks yet.
Also, there is a potential bat pattern entry
I drew this kind of pattern several times as it can give different strategy depending on different kinds of scenario, so I have a clear mindset to deal with the unpredictable market movement.
6.5.2017 Trade Idea: GSIf you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
BTC/USD symmetrical shortingCurrently being abused like a biotech small cap..Hedgies and banks could be setting up for big buy-ins
www.zerohedge.com
GS Long from 205.50-204.50After GS top of 255 This Winter, It now approaches a critical target price of 205$. Today it trades at 213$ a share.
GS is a buy at 205-204, however, if it slips below 200 and holds at 199-198, then we will likely see a decline of at least another 15 points, likely finding a bottom around 185 or 178.
IF it does not find a bottom even at 178, we will likely see another decline, this time toward 155 or 150 dollars a share.
These are the options for price bottoms right now.
Possible Short position on Goldman Sachs (GS)While some are junked up on this trade, I'm absolutely bearish from the magic box, nice target around 198.15.
Have a good trading week!!
