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Kindredd
Mar 22, 2021 7:32 PM

GS Price Target 347/348 Long

Goldman Sachs Group, Inc. (The)NYSE

Description

GS has been on very strong run all March and broke though our trendline that has been holding since early Feburary. We recently had a strong pullback to the previous ATH @336 and is now holding above. As long as we continue to trade above 336 we will find ourselves at our PT @342/347-348.
Comments
swanke
I know your script is private but what are the bands? Bollinger bands? I know you used to have a different band system looking at old charts. It’s been killing me to find out haha
HomelessLemon
@swanke, Yes they are the 200% and 300% deviation bollinger bands. You can find a functionally identical indicator on my page called Clown Algo and it is completely free!
swanke
@HomelessLemon, wow just checked it out. I will have to learn how to use it but great job. It looks great!
JeffreyLatinville
Great idea. I might play on this.
Kindredd
@JeffreyLatinville, it looks like a solid swing! I would look at the 4/1 contracts or the 4/9 ones to play it safe. Ideal entry would be near 336 and holding above.
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