GS AnalogOverlaid the Fall of 2007 analog on GS. History doesn't repeat, but it rhymes...
Putting together evidence as to whether this is 2007-08 or whether Feb 2016 was Mar 2009. The ultimate question.
4GS trade ideas
Goldman will correct itself then continue on its way back up@JordanFreeman we'll see who's right homie
Wait for Long Put "GS"In terms of valuation compared to itself,
the stock price is in the expensive zone and
the yield is quite low.
In terms of Technical, the price goes near last peak.
As an option trader, it is very interesting to look for Long put "GS" opportunity.
GS (Goldman Sachs) Short IdeaShort Goldman Sachs!
Overbought AF!
RSI overbought too
88.6 Fib level on the daily/Weekly
Gaps up in the markets that are potentially going to get filled. Just look at Google before and after $800
GS inverse head and shoulders could be donejust want to show the inverse head and shoulders pattern is complete on GS. I am short a little with options due to very extended daily RSI.
SELL SETUP We have a wolfe wave pattern in development.
it would be a good idea to try to sell with magnificent RR ratio.
Good luck
Sideward with room the topIn the long run it is a sidewar trend. We have just built a bottom and lookin forward to test the upside now.
High Profit Short Level On Goldman Sachs $GSThere is an absolutely awesome short level on Goldman Sachs Group Inc (NYSE:GS) at $180.00 to short. This comes from institutional traders I know and I confirmed it on the stock chart. Check out the trend line below and notice how if Goldman Sachs jumps up to $180 it will tag the trend line which is resistance. That is where I will pull the trigger on a short. Great trade setup here, just need some patience until the stock gets up to that level.
Jenny
Verified Trader @ VerifiedInvesting.com
GOLDMAN SACHS- UR SACKS GONNA GO NOWGS is the next bank which is going to suffer. Even though it is trading at $163, question is for how long? from 2015 June $220 high it is making lower low and no improvements over a year. The Green line is from low 2009 and has been tested twice and it is holding so far. But time has come to test 3rd time and probably that would be the last time as per stock chart technician. Once that 2009 green support line has been broken Goldman may not see the day light for a while though. Even though they introduced savings banking for minimum $1 but you can't pay bills or even have credit/debit card. It's just to deposit money. And it was done to raise cash for the big elephant. So survived the Stress test by the Fed. At least so far it is a B+ grade banking but it is a problem to take the money out from that bank. Good job for CEO Lloyd for now. Probably he may need to go to Berkshire Hathaway CEO Warren Buffett. We are looking for 2009 low $ 40 level to re-visit and it can be a temporary support though for then before it slumps down more to the South.
bullishuptrend.........
pullback is completed on daily chart.....
triggered ...........
buy...........
Goldman Sachs GS Weekly Pin BarPin bar at significant level going back to April 2006
Could see lower levels possibly back to 130.00
BULLISHUPTREND.............
BREAKING OUT OF DESCENDING TREND LINE .........
PASSING OF A PIVOT...................
TRIGGERED........
BUY........
Trendbreak + Double Bottom + H&S=Long?Let the chart speak....
resists: 163,7/ 167,8/ 171,5
Support: 155,5
Comments are welcome -Agree or Disagree!
GS (Goldman Sachs) following up Stock up 10 $ as wave 5 as I mentioned last time. Currently stock is overbought and could see decline to 156 $ or around as correction wave. Other option is to break the resistance and continue to higher price. Coming days will approve one of options.
GS GOLDMAN SACHS ANALYSISGS GOLDMAN SACHS ANALYSIS
It seems we have just completed a wave 5 on the minuette period and now starting the correction wave phase?
There also seems to be divergence (check MACD 4C below) ?
