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jacobosiason7

Falling Wedge- Bullish

Long
Goldman Sachs Group, Inc. (The) (NYSE:GS)  
jacobosiason7 Updated   
NYSE:GS   Goldman Sachs Group, Inc. (The)
Trend Analysis Chart Patterns Technical Indicators support_and_resistance supply_and_demand falling_wedge Divergence Bullish Patterns breakout swingtrading
2
1
trendanalysis chartpattern indicator support_and_resistance supply_and_demand falling_wedge divergence bullish breakout swingtrading
Will be watching GS closely for a breakout here (broader market conditions permitting). Solid close today after reclaiming the 50day MA as well as forming a falling wedge on the 4-hour and daily timeframes. Definitely important to note also GS does have earnings coming up on 10/15' - Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish

- Falling wedge ( bullish )
- Bullish divergence on the RSI
- MACD cross
- Reclaimed the 50-day EMA
- Earnings on 10/15'

PT1- $395.57
PT2- $396.11
PT3- $399.90 + Breakout
Comment:
All Price Targets Reached ✅
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