2waytrading
Long

$GS Signals New Higher High From July's high

NYSE:GS   GOLDMAN SACHS GROUP INC (THE)
136 0 0
December last year, the price gained that month 10% which was one of the few best months of the year, and tried to continued into this year, it failed and reversed that upside swing momentum and printed a new lower low from Dec             low. It gained almost 10% from Jan low before it gave up all of it. It was not a good sign at all and price violated with strong volume 3-EMA and printed a new lower low from Dec             , and Jan lows. April             low supported with light volume suggested the bottom was in process and best trade was to take long above the consolidated square             ..or short below the lower. End of May price broke out upside and built a strong upside swing which printed higher highs and higher lows. Now, August price bounced from 61.8% from July low to July High which gives us some conviction that if price holds August low there is higher probability that we will see a new higher high or reclaim of December high. Stay safe and follow us if you like it.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out