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Werdna_Namdoog

Is the Vampire Squid going into the Mariana Trench?

Short
Goldman Sachs Group, Inc. (The) (NYSE:GS)  
Werdna_Namdoog  
NYSE:GS   Goldman Sachs Group, Inc. (The)
Moving Averages Support and Resistance Head and Shoulders goldmansachs
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movingaverage supportandresistance headandshoulders goldmansachs
A quick glance at the GS chart shows a flattening 200DMA, significant recent negative volume (probably on the news of the 6% workforce redundancies) but the price is nearing its 200DMA and could break to the downside. Support needs to hold, otherwise it will be looking bearing for the vampire squid.

Will be interesting to see if the head & shoulders which is forming does just that. If so, this is looking like a short.
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