GS trade ideas
Resistance for GoldmanThere is resistance right above here for $GS. I would consider it positive if we consolidate right here before trying to break through it again. If it makes it through, looking at $255-260 imo.
GS Long SetupPrevious resistance acting as support and closed above 100 EMA . Target 244
XLF telling a different story. Stay cautious.
GS -- something to watchWhen I look closely at GS, I can't help but get a nagging feeling that we aren't done with downside yet. In my earlier notes, I expressed my desire to buy at the 212-208 region, and when I re-work my calculations, that precisely what I still want to see.
Earlier this week, I mentioned that GS was approaching supports. I am currently of the opinion that the supports will NOT hold, and instead we will slice into the 212 regions by end of August
Possible Inverse H&S Pattern Play with $GSThis trade offers a good reward to risk.
Stop $232.75
Trigger >$240
Target $260
GS Cup and Handle Breakout Coming into Play GS Broke out of the longer term descending channel and consolidating for a breakout
GS - approaching supportsI think we might get an opportunity to buy GS sometime next week, if it goes to either of the lower two yellow lines. Expect a 1:1 measure move target in the 250s
GS - Long IdeaCheck out the incredibly tight range the stock traded on earnings today. One of the tightest ranges we've seen on such a heavy volume day.
GS: Peaked out for now?Price moved above the lower trendline, but was stopped at the upper trendline. Still appears to be on a downward trend.
Cyclical action in Goldman Sachs (GS) could mean that its a buy Since the March, GS has rallied in the first half of each month and sold off in the second half of each month. Now it has broken its short-term downtrend and it could be time to buy. I would use $220 for a stop out because that has been the recent low. I would sell it when it breaks the uptrend...which I assume will be sometime during the middle of the month.
probable long on Goldman SachsThis baby is the best bank around. So if the results from the banks move the sector up. I will buy this targeting the 240 to exit.
#futures alerts
GS: A Multi-Decade Leading Diagonal took the stock to greatHeights. Time for a Fin 61.8% retracement?
GOLDMAN SACHSOn GOLDMAN SACHS Daily chart, was formed a bullish divergence, price/CCI. However, the signal for opening a long position only after the breakout of the blue trendline.
