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Dec 26, 2018 3:13 AM

GS Broke Out Of Major Support, Potential to Drop! Short

NYSE:GS240
Goldman Sachs Group, Inc. (The)NYSE

Description

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GS broke out of its support-turned-resistance line at 171.75 (23.6% Fibonacci retracement) where it could potentially fall further to its support at 137.15 (horizontal swing low support).
Ichimoku cloud is also showing signs of downward pressure.
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