$GS with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $GS after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
GS trade ideas
GSHello everyone, the price is at an interesting number of 319.49
If it bounces from it down, we find it at the following levels
283
251.45
We find a strong support area at (251.45 and 239.43)
Done if we ascend we find at
338.91
373.76
$GS Goldman Sachs - Key Levels, Analysis, & Targets$GS Goldman Sachs - Key Levels, Analysis, & Targets
This is a very long view, taking GS from the bottom of 2008 until today…. I’m expecting another 35% drawdown from here, but not necessarily by the end of the year which I have pictured… I was just running out of room so I didn’t want to push it further out.
I’d say by the end of 2023.
Around 210 I’d be comfortable truly going long again. Until then, it’s trader country.
Every target is a good target to add for a swing, and personally, I’m just going to continue selling puts at the bottom of the expected range until we’re at least under the 250 level.
Trade setup
1 at 308.04
1 at 292.99
2 at 248.98
4 at 210
8 at 185.52
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
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I am not your financial advisor. Watch my setups first before you jump in (or go back and review my past setups)… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
GS | GuidanceJournal Entry
Bias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Energized🔋.
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: ...
Position: Short term day trade.
Notes: ...
Barron's Company Overview: www.barrons.com .
Other: ...
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
About the Security: "Goldman 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."
Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply. I do strive to build an esteemed reputation and plentiful following, I also strive to earn the title as a Tradingview pinescript Wizard and Top Author.
About the Author: I'm a financial scientist and my contributions offered to the community are apart of my scientific journal or goodwill to mankind. With that said I think it's prudent to make two things clear; (1) I'm not a Wall Street retailer, I'm not trying to sell you products or services (2) I'm not a Wall Street advertiser, I'm not trying to market the purchase of securities to you.
Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
GS: Bullish RSI DivergenceDivergence between the current price chart and RSI. Even MACD putting lower lows
GSGoldman Sachs GS . 1H
A symmetrical triangle breakout with positive momentum (breakout gap) and a retest.
Expected target level of 355 riyals..
* Technical analysis and not a direct recommendation..
Falling Wedge- Bullish - UpdateJust posting a quick update here as GS has gotten beaten down as the broader markets pulled back but has seemingly found some support after reclaiming its 20-Day SMA. GS is lagging the XLF at the moment, however, looks to be setting up nicely for a big breakout. GS respected support nicely with a triple bottom around the $228 mark. GS is holding within a nice falling wedge along with forming an inverse head and shoulders & bullish Gartley harmonic pattern on the hourly timeframe. Additionally, Bollinger bands are squeezing along with some bullish hidden divergence on the RSI on the 4-hour timeframe, and a golden cross on the MACD on the daily timeframe. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting). Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- Price Targets & Previous charts are attached below
- Falling Wedge
- MACD Cross on the Daily Timeframe
- Sitting on the 20-day SMA
- Bullish Gartley Harmonic Pattern Formed on the Hourly Timeframe
- Bullish Hidden Divergence on the RSI on the 4-Hour Timeframes as well
PT1- $340.23
PT2- $342.28
PT3- $344.08
PT4- $345.73+
4-Hour Timeframe
Hourly Timeframe
Previously Charted
GS SHORT 300
Bearish sentiments:
1. spinning top distributing on quarterly chart
2. break of a trend
3.bearish engulfing
One reason Goldman Sachs is trading at such a discount probably is because the same forces that drove strong profits this year might not be as strong into next year.
Analysts believe the company's growth will slow going into the fourth quarter, with their average estimates pegging sales growth at 2% from last year, while EPS is expected to decline 3%. Analysts are even less optimistic about growth in 2022, estimating sales to fall 18% from this year's projected full-year earnings, while EPS is projected to decline 33%.
So although Goldman Sachs has seen impressive performance this year while crushing expectations along the way, investors shouldn't expect the rapid growth to continue. Investment banking could continue to be robust into next year, but the slowing rate of growth should be on investors' minds. For this reason, I believe Goldman Sachs' cheap valuation may be justified but we can see price in the quarter or two
Goldman losing its pile of Gold. GSImmediate targets 344, 325, 301. Invalidation 467.
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. 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
GS 5 WAVES DOWN WAVE AWe now have a clear 5 waves down to a .382 in goldman sachs .We should now have rather large rally as will the market as a whole . this rally will be labeled wave B in a super cycle degree that is coming
GS breaks, retests and rejects the inflection point. All lines and notes on this are original from December.
$GS Preparing for Bullish MoveRSI & MACD both showing strong bullish divergences, along with a possible liquidity grab right below previous pivot points. Once (and if) price pushes through the current supply zone, my targets would be roughly $350, $358, & $367. Feedback is always encouraged. Enjoy!
$GS triple bottom at $328Looks like we touched here yet again, accumulation is sitting inverse to RSI. Goldman has some headwinds, earnings were not 'amazing,', $XLF and $DJI being sold off take away passive flow, and TLT has rallied hard Sun, Monday, and today. There is a narrative that banks will have much better earnings once interest rates rise, and they can profit off all the money loaned out. I'm long here, but generally this is very neutral because you can consider that we really trying to push through 328, or that we clearly have a floor at 328. You might look at the chart and think to go short.
Goldmsachs shortThe stochastic has given a bearish divergence .
The old support has been broken only to form the resistance if it persists going lower.
$GS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 87.5%.
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$GS Wyckoff Distribution SchematicPotential thesis for distribution using Wyckoff Distribution Schematics. Based on the current market structure this seems like a plausible outcome.
An up close look at the slaughter in the financial sector.How bad is it out there this week for the big boys in the financial sector? How have they held up during earnings? Well, let's look.
Goldman Sachs? BOOM! 9 months of progress gone in less than a week. Next.
PNC? Ka-pow! Looks like we've been pumped....and dumped..!
U.S. Bancorp? (USB) SPLAT! Murdered! More pump-age, more dump-age!
Truist (TFC) - C'mon.... no whammies....no whammies....! SOLD to the highest bidder! Yet another bull spike being sold off as earnings don't satiate the market trolls.
Schwab (SCHW). I can never spell this thing right. Swab? Shwab? Schwing? SMACKDOWN all red-headed stepchild like. Booyah!
Up until this point the earnings have had that much hated red "E" symbol on their charts. Bad banks. Are there any banks not on the naughty list? YES!
BAC - Lo and behold, the mighty GREEN "E"! Winner winner chicken dinner!
Oh crap. Not again! Something's wrong with Tradingview. It can't be this bad, can it?
Citigroup - C - You know you're bigtime when you get a single letter for a ticker. And because they are so cool they get the elusive green "E" for being a good bank on Earnings day.
Oh. Wait. SPANKED? What?!
Morgan Stanley - MS - Oh these guys have been the bomb diggity like alllllll year yo. They went up like 18 months straight after the Covid March 2020 nuke was dropped on Planet Market. Surely they can buck the trend!
I give up! I'm running out of things to say here. Really, the adjectives for AWFUL have ran dry. My brain hurts.
Wells Fargo - WFC - OKAY FOLKS. NO MORE MESSING AROUND. I'm bringing out the bazooka. All hands on deck. Ima make me some money going long here. They CRUSHED their earnings big boy style. +25% surprise! +11% surprise on sales!!!@#@!$#@!$#
Oh hell no. This can't be. I expected the classic Pump and Pump. You know, the doublepump? Say it with me.... doublepump. Just sounds cool. Like cover-your-kids-ears type cool. Instead. Well. Yeah. Mr Wells and Mr Fargo have left the building.
So there you have it. Everyone on my watchlist of banks. ALL earnings have been sold, regardless of what they said. The market Gods have spoken loud and clear - SELL SELL SELL SELL!#$!@#$!@$@#$%# Boomshakalaka.
GSCO - Weekly / Goldman Sachs Per usual, GSCO pays out Executives at the HIghest rate in history
and promptly implodes $63 from its recent November Highs.
November - the chosen month for ALL Highs in Equity.
_________________________________________________________
$3.8bn, or $10.81 per share, compared with $4.36bn, or $12.08 per share
YOY.
Bonuses up 31% year on year in the fourth quarter @ $3.2bn,
Annual salary expenses were up 33% @ $17.7bn in 2021.
Wage Inflation...
Traders at Goldman had a stellar year.
Management missed out on Floating Tennis Ball XMAS this Year.
More correction in banks..!It seems Banks will correct in the coming days..!
Considering their weight it will affect the S&P 500 and Dow!
You can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
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Goldman Sachs & "The Grass Is Blue" Story !The donkey said to the tiger, 'The grass is blue.' Tiger said, 'No grass is green.'
Then the discussion between the two became intense. Both of them are firm in their own words. To end this controversy, both went to Lion – King of Jungle.
In the middle of the animal kingdom, sitting on the throne was a lion. The donkey started yelling before the tiger could say anything. “Your Highness, the grass is blue, isn’t it?” Lion said, 'Yes! The grass is blue. '
Donkey, 'This tiger does not believe. Annoys me He should be punished properly. ' The king declared, 'Tiger will be jailed for a year. King's verdict was heard by donkey and he was jumping in joy in entire jungle. The tiger was sentenced to one-year jail. '
The Tiger went to the Lion and asked, 'Why Your Highness! Grass is green, isn’t it? ' Lion said, 'Yes! Grass is green.’ Tiger said, '... then why am I sentenced to jail? '
Lion said, “you did not get punished for the grass being blue Or green. You have been punished for debating with that stupid donkey. Brave and intelligent creatures like you have argued with a donkey and have come here to get a decision”
Moral of the story.
Don’t waste your time on social media arguing with you and telling you that stocks will go up forever without giving a decent size correction.
Try to work on yourself with conviction and trade with confidence.
Regards:
2X Back to Back Market Crash Forecaster & Future Goldman Sachs Trader
Goldman makes the bear break GS has now broken the level given as critical in a previous post.
This may be the start of a much deeper decline in GS.
