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Tightly coiled ready for an explosive move

Long
Goldman Sachs Group, Inc. (The) (NYSE:GS)  
SpinTrades Updated   
NYSE:GS   Goldman Sachs Group, Inc. (The)
Support and Resistance Fibonacci banks financialstocks
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supportandresistance fibonacci banks financialstocks
Many eyes on GS and with a rotation into the financial sector it could truly break out and hold the gains. With the market pullback, gains were softened but the RSI >50 indicates strength. Any entry above the pennant is a good one and should see a retest of the fib above in the next few trading sessions. Fib below can be used as stop loss.
Comment:
Has not reached entry and held for proper entry, fell out of symmetrical triangle. May still move on a strong market or rotation into financials.
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