RSI extremes in GSYes, I'm very contrarian here. Lots of GS puts based purely on daily RSI. Long time to fill that gap, now we there.
GS trade ideas
Goldman Sachs to aim for the 400Goldman ist about to bounce from its trend line and aim for the 400 Area. After having seen the quarter results from the largest banks in the United States, Goldman Sachs is dong exceptionally well compared to its peer industry. Expectations were beaten and that is reflected on the smooth movement of its price during the latest bear market. Longterm the target of 400 can be expected - lets see.
Symmetrical TriangleThere appears to be a W formation inside the triangle.
Triangles are neutral patterns.
Price is above resistance line of the triangle today but it is not a confirmed uptrend.
Candle of indecision today.
No recommendation.
$GS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GS after a Negative over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Golden Sachs quick run to $341.51W Formation formed on Goldman Sachs
RSI broken above downtrend >50
Target at $341.51 and Fib retrace 78.6%
Bullish
Buy 2 shares of ABBV for every One share of GS Goldman Sachs Group
AbbVie Inc
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1- No stop loss.
2- 5x leverage NoT More!
Becareful! Not more than leverage 5.
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for buying shares:
warning: Only leverage 5, Do Not Take More Than leverage 5.
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for options is Excellent:
Two call option 3 months contract of for every One 3 months contract of .
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Happy Trading!
Banking Stocks: Goldman Sachs (-8%)Goldman Sachs invests in many types of derivatives like CDS, stock options, stocks, and anti-exposition derivatives. As banking stocks will be down in that period until maybe the middle of November, stocks with High Net Worth clients will go down.
Bearish on Goldman. GSGoldman Sachs is another major company we have been following. Shaky fundamentals and the fractal picture of the stock price drive us to a bearish stance on this one.
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 purple 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.
Goldman Sachs Group Analyze 🦀!!!Goldman Sachs Group succeeded in making a Bearish 🦀Crab🦀 Harmoni Pattern near the resistance line.
I expect that Goldman Sachs Group will lose at least 15% of its value.
The 🎯target🎯of this downtrend can continue at least to the trend line.
Goldman Sachs Group Analyze (GSUSD), Timeframe 1H⏰(Log scale).
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
$GS | Weekly - Short SetupSetting this up in preparation for potential short below the 280 level, with a target at 1 to 1.272 extension.
Shark/BEARISHExtended Shark with the last leg hitting the 1.113.
Price is above the 50% retracement of the trend up but below the .382.
No recommendation.
9/18/22 GSGoldman Sachs Group, Inc. ( NYSE:GS )
Sector: Finance (Investment Banks/Brokers)
Market Capitalization: $112.036B
Current Price: $326.21
Breakout Price: $335.15
Buy Zone (Top/Bottom Range): $325.35-$306.65
Price Target: $361.40-$363.50
Estimated Duration to Target: 60-63d
Contract of Interest: $GS 11/18/22 330c
Trade price as of publish date: $15.45/contract
GS short entryHello dear Traders,
Here is my idea for #GS
Price closed below yellow line (previous month low)
Price closed below purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
GS: textbook Elliott wave count?A textbook wave count is busy unfolding after the break out of the WZ wedge.
The expectation is for the price action to target T1 and T2.
Crossing below S1 at 32610 will act as some major support.
Remains a risky trade.
GS strong sellEntry: 343
TP1: 330 +3.9%
TP2: 319 +7.5%
TP3: 305 +12.5%
SL: 352 -2.5%
Period length: 30-32 days
'#GS short ideaHello dear Traders,
Here is my idea for #GS
Price closed on daily chart below yellow trigger line (previous month low) - Trade active.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
Bearish SharkPrice has met Target 1 which is the top of the hump in the crooked W.
This is often a support level and price is hanging on this level right now.
The 4th leg appears to have terminated at the 1.113.
The Shark is labeled OXABC. This is an Alternate Shark. There is a version that ends at the .886 of OX.
Price is below the 200 DMA but is still above the 50.
No recommendation.
TO GOLDMAN FROM JEFFGoldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment serves public and private sector clients around the world and provides financial advisory services, helping companies raise capital to strengthen and grow their businesses and provide financing to corporate clients. The Global Markets segment serves its clients who buy and sell financial products, funding and managing risk. The Asset Management segment provides investment services to help clients preserve and grow their financial assets. The Consumer & Wealth Management segment helps clients to achieve their individual financial goals by providing wealth advisory and banking services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.
IM WAITING FOR THE NICE 25% DISCOUNT IN GOLDMAN
THEN I BEGIN MY SHOPPING SPREE
as for day trading im in a short swing
i thought it was recovering but i dont think so anymore
SENNA SEASON
GS swing short ideaHey all, I think it is fair to say that Goldman Sachs is in a markdown phase, and has had a strong rally off of the bottom. When this rally subsides, which I believe will be soon, I think it presents solid reward to the downside.
$GS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
GS - 200MA RecoveryGS has hit a short term pattern support and is currently testing the 200MA
This is a good spot for a recovery within this long term upward channel
4D chart
Goldman Sach's VS US Money Supply Is A Mean Reversion OscillatorHello friends. Time for us to blow your minds for the Nth time. Goldman Sach's VS US Money Supply Is A Mean Reversion Oscillator For Risk Assets. What do we mean?
Let's first start with what Goldman Sach's is. They are an American multinational investment bank and financial services company. Since they are perpetually invested into the markets, their stock naturally flows with the waves of risk assets just like most other stocks do.
Charted alone, their stock is not very interesting at all. Charted against the supply of the US dollar, it becomes far more interesting indeed. You see, it has not left the range it currently trades within since the Global Financial Crisis. Every time their stock becomes overvalued in comparison to the amount of dollars that exist, it ends up crashing down. Every time their stock becomes undervalued in comparison to the amount of dollars, it ends up pumping.
We are currently in the "Dead Zone". That means we can definitively say that Risk Assets are not cheap, but they also are notably not expensive either. Another thing we could say is that Risk Assets are in fact more cheap than they are expensive. This is to say that if risk were to rise to the "Expensive" band once again, it would appreciate by 58% wheras if risk were to fall down to the "Cheap" band again, it would only fall by 27%. This could be an argument for buying risk assets, but in reality it's not usually wise to trade in the middle of a range. Intelligent traders will wait to buy support and sell resistance rather than messing around in the middle where anything can happen.
We think that the odds favor risk falling another 27% over the next few years and tapping the cheap zone. From there we could see very wealthy investors start to prop up the markets, and eventually the prices can rally back into the expensive zone. Long term and patient investors can easily profit from this, but pigs will get slaughtered as always.
