ZenMode

Goldman is a good buy

Long
ZenMode Updated   
NYSE:GS   Goldman Sachs Group, Inc. (The)
The whole financial sector looks too risky for me with the fed halting interest rate hikes and stopping QT. GS is the exception.. and maybe AMTD.

  • Fib loves support at $170 12/31-1/14
  • Retested support at $190
  • If it can punch through $203 (resistance) I think this thing is mooning to $210
  • At the very least this is a safe trade to $203 because it has to retest that resistance

  • Moving avg bullish
  • Bullish volume because of that earnings beat on 1/14
  • EPS Est $4.45
  • EPS Actual $6.05 – +35% beat
  • Weekly MACD looks VERY bullish

Got in yesterday at $192.10
Trade closed: target reached:
Closed position with small profits.

Spooked out. I think when the bull run ends the financials will be the first to tumble.

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