When 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
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
Comment:
... and it turned down...
Comment:
With the long idea stopping out, this is my operating thesis now
Comment:
Apologies - long idea is not stopped yet since it closed above support. Long idea has great R/R now, so if we open above support I might take a whack at it
Trade closed: target reached:
Target achieved
Exciting