Following its Q3 report with EPS of $12.25 (above expectations) and ~20% revenue growth,
GS shares held firm and began to recover.
Key levels:
Support: $760 – 765
Resistance / Target: $809 — previous profit-taking zone
MACD is showing signs of a bullish reversal
Price structure suggests a potential short-term upward zigzag pattern
A breakout above $780 could confirm momentum toward the $809 target.
Fundamentally, GS remains one of the strongest names in the banking sector, with M&A and investment banking activity gaining traction again.
Key levels:
Support: $760 – 765
Resistance / Target: $809 — previous profit-taking zone
MACD is showing signs of a bullish reversal
Price structure suggests a potential short-term upward zigzag pattern
A breakout above $780 could confirm momentum toward the $809 target.
Fundamentally, GS remains one of the strongest names in the banking sector, with M&A and investment banking activity gaining traction again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.