themarketzone

Weekly bearish engulfing, trend line breakdown - $GS is a buy?

NYSE:GS   Goldman Sachs Group, Inc. (The)
I saw some analysts saying the $GS is cheap before earnings.
Last week we saw a weekly bearish engulfing candle (Outside bar).
This week we see trend line breakdown and a close below the 180$ resistance zone.
Even if $GS will bounce from a good report, can you really call it a "Buy"?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.