what are our thoughts about Goldman having a great qtr and beating earnings estimates. I am looking at weekly option calls 215 and 220. chart looks great for a breakout gap fill that you highlight in your chart. If you take the most recent high of 215.23 and pull your fibs the 235 1.618 ext lines up with your channel high and fills that gap. This is assuming Goldman has a great earnings report. I understand the high risks of OTM calls. I have my chart posted below....
Abu-Sushi
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@pivotaltrader, for me GS is almost breaking the downtrend on RSI plus downtrend trend line..my zone is 230 as a target we could also close above and leave this big channel zone.. however fundamentals not supporting .. plus elections is near .. in your chart if daily candle close above the resistance trend line it is good to target 230 but close below the broken trend line is very negative .. good luck buddy