GS trade ideas
One more push before we hit a soft patchA while back I published a chart of the Dow Jones suggesting the market had more upside potential and now I am showing you a chart of Goldman Sachs that is telling us we should see one more push before the market retreats with an unknown intensity. On thing for sure the next push up would be a good time to take some money off the table. An ideal target would be 261 where we have equality between wave (i) and (v) but the minimum requirement is just to push above 247.
While it would be great if GS just spike up right now, keep in mind there's no way to tell if its wave (iv) is over or not. So just be patient if we keep moving sideways for a little while.
Goldman Sachs BullishDue to recent Trump's pull back on Dodd-Frank regulations.
4 GS alumni in Trump's cabinets
News and chart contribute to bullish manner
GS @ 1h @ it smeels like an shortterm selloff, last trading daysTake care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
Best regards :)
Aaron
Time to buy Puts!!!!!!This looks bearish to me, with 4 indicators, going with a diagonal calendar put spread Long Mar 230 short Feb3 227.5, hope I don't get call out
$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
Short GSGS has broken support, could be a good short, however mid day not best time, wait to see close and stop above market with low risk long term 215 potential
$GSStrong Rejection // From 08 Levels... Reason why i'm short.
- $GS
In my opinion with the new Candidate aboard i believe stocks will drops so will the dollar that will caused a small crisis.
2017 is the year of fear.
This idea is not for you to buy or sell...
NOT INVESTMENT ADVICE...
GS @ daily @ highest H/L-Range (dow shares) last weekThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
drive.google.com
4XSetUps for next week - friday close (DOW 30 Index & all shares)
Best regards :)
Aaron
GS - Goldman SachsAlthough I'm already long this stock, it might be a good place to enter more long positions in here. the GS is in a long term up trend, and may find resistance in 235 area. a break below the 235.5 would target the 217 area. while a break above the 247 area would target the 295 area.
Buy GS between $212 and $211 for short-term bounce.GS is overbought, and will be pulled back more. Buy GS between $212 and $212 for short-term bounce.
$GS Base and Breakout Setup (long)The key to trade this kind of setup is the Buy Stop on a breakout. Without breakout or breakout on the wrong side
--> THE ENTRY IS NOT CONFIRMED.
You can choose to buy breakout pullback though, i.e. after the breakout, wait for the pullback to test the breakout point then buy. This is much safer method but sometimes there’s simply no pullback after the breakout. A compromise might be half to buy breakout and half to buy pullback.
Ending of the Goldman Sachs rallyGoldmans Sachs had a great really from November 2016 until now. The chart is moving sideways now and shows singular sell signals . The investors are less modifying their $GS positions. They make themselves ready to close their position. The sideways chart shows irresoluteness about their actions.
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.**
