$GS Goldman Sachs - Key Levels, Analysis, & Targets
$GS Goldman Sachs - Key Levels, Analysis, & Targets
This is a very long view, taking GS from the bottom of 2008 until today…. I’m expecting another 35% drawdown from here, but not necessarily by the end of the year which I have pictured… I was just running out of room so I didn’t want to push it further out.
I’d say by the end of 2023.
Around 210 I’d be comfortable truly going long again. Until then, it’s trader country.
Every target is a good target to add for a swing, and personally, I’m just going to continue selling puts at the bottom of the expected range until we’re at least under the 250 level.
Trade setup
1 at 308.04
1 at 292.99
2 at 248.98
4 at 210
8 at 185.52
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
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I am not your financial advisor. Watch my setups first before you jump in (or go back and review my past setups)… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
This is a very long view, taking GS from the bottom of 2008 until today…. I’m expecting another 35% drawdown from here, but not necessarily by the end of the year which I have pictured… I was just running out of room so I didn’t want to push it further out.
I’d say by the end of 2023.
Around 210 I’d be comfortable truly going long again. Until then, it’s trader country.
Every target is a good target to add for a swing, and personally, I’m just going to continue selling puts at the bottom of the expected range until we’re at least under the 250 level.
Trade setup
1 at 308.04
1 at 292.99
2 at 248.98
4 at 210
8 at 185.52
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
---
I am not your financial advisor. Watch my setups first before you jump in (or go back and review my past setups)… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
YouTube Channel www.youtube.com/@spyderqueentrading (Almost DAILY updates, come play)
I am not your financial advisor.
I am not your financial advisor.