Get started
GOLDMANSACHSDRNGOLDMANSACHSDRNGOLDMANSACHSDRN

GOLDMANSACHSDRN

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals Bonds

GSGI34 trade ideas

$GS Breaks Recent Lows, Will Head To This Buy TargetShares of Goldman Sachs Group Inc (NYSE:GS) broke lower today, taking out the lows from a week ago at $231.00. The fact that this level broke, sends signals of further downside to come. In terms of buying the stock for a swing trade bounce, the level is clearly $212.00. There is major stock chart support here. The stock should fall until that level, then find a near-term bottom. Shares of Goldman Sachs Group Inc break stock chart support
NYSE:GS
by AnnabelleTrader
Something DifferentI don't usually trade equities, but a fellow trader told me to take a look at the Goldman Sachs chart... Price is currently consolidating near the 10 year high of $250.70, after a huge bullish run in the second half of 2016. For me, what I'd be looking for now is a break & retest of this $10 channel, with targets around $218.00 and $200.00 (good psychological level), which would profit between $19 and $37/share. The icing on the cake for me was a quick look at the RSI, which shows clear bearish divergence on both the daily and 4H chart..... IF we do in fact see the breakout, it could happen within the next few days, or next week Tuesday when earnings comes out, which is estimated to be worse than last quarter. **Full Disclosure : Even if this setup works out in the end, I probably wont be trading it, just a first glance analysis.**
NYSE:GSShort
by jonathanwright
Trump-Turbo still alive?Short/Midterm view: The "Trumpy" uptrend is still intact. We see the next bullish chartpattern - a bullish flag or classical 1-2-3 pattern! How to trade it? Feel free to have a look at: or Longterm view: We have reached THE central Pivot resistance Level @ ~ 250$! Above that Level, the sky is the Limit! But: The RSI signs a weak selling Signal. Interesting Niveaus for an upcoming (and healthy) consolidation could be the 38,2 fibo at 204$. At the fibos 0,5 and max are also based the SMA/EMAs! Former view: Trendbreak + Double Bottom + H&S=Long?
NYSE:GSLong
by The_Cannalyst
GS Goldman Sachs has broke from uptrend and curved down slightly... We had bullish volume on close this past Friday but still didn't beaten out the bearish volume. The stochastic is not completely frail so there still pricing power to send the price lower.... Look for possible push down to about 210, expect a push back up to this 239.45 resistance and than probable fail on the retest... that is where i would short.. while setting alerts at 2nd and 3rd horizontal lines on chart... Any questions, please let me know. Constructive criticism is always welcome..
NYSE:GSShort
by JordanFreeman
1
GS @ 15 min @ just a little bit - daily (3 GAP`s left behind)Basic horicontal lines (support/resistance) are: 242.42 high of last week 235.54 low of this week 225.73 opening price & low of last week GS opend this week around last weeks highs and created weekly lows around basic upside, before breaked out slightly today. Noticable, at in my opinion, are the facts, that GS created 3 GAP`s. 3 Upside GAP´s are suggesting me, that many traders are scared not be long also. Usually GAP`s got the property to be closed - in a superior upside trend. And that`s the reason why i adon`t wanna ignore all 3. I am relative surely that the market will let all 3 left behind, while next week at least. But market pressure like yesterday is always possible - even if the fundamentals are suggesting still higher prices. How ever, use the GAP`s still as an entry, guys :) i bought today some CFD`s at 241.50 :agree: 241.62 & 240.27 3rd GAP (before todays outbreak) 238.20 & 237.50 2nd GAP (after fals breakout while monday) 236.72 & 235.54 1st GAP (thursday opening, last week price targets (based on development last days) could be 243,22 last alltime high & 3rd GAP 246,64 last alltime high & 2nd GAP 248,12 last alltime high & 1st GAP superordinate prices targets (on higher time frames) are still 249,30 last week alltime high & low of this week 250,70 all time high from october`07 259,11 last weeks high & low difference JPM for example breakedout for a long minutes, hours, days. From tis point of view, don`t get panic if the price raises too much at once. Of course, it`s all relative - not only compared to other bank or financial shares! But in historical context - even before so called financial crises `07 - the numbers we`re not better as the political (trump, reds, fiscal policy) or even financial market environment (low rates - cycles is slightly starting) :) Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a analysis (for swing traders) - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
NYSE:GSLong
by Devise2Day
1