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jacobosiason7
Oct 14, 2021 9:55 PM

Falling Wedge- Bullish Long

Goldman Sachs Group, Inc. (The)NYSE

Description

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

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All Price Targets Reached ✅
Comments
jacobosiason7
All price targets reached ✅
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