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tradearcher
Apr 10, 2016 5:29 AM

$GS (D) Still too early. Short

NYSE:GS1D
Goldman Sachs Group, Inc. (The)NYSE

Description

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Negative sloping ema50 and ema200; bearish. Temporary local bottom in February. Likely candidate for a few more multibottom attempts before bulls swing ema50 and ema200 to marginally positive slopes.

Do not forget about the prior resistance above.
GStradearcher
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