In this update we review the recent price action in Goldman Sachs and identify the next high probability trading pattern and price objectives to target
INVESTMENT CONTEXT Inflation in the UK reached 9.1% in May, up a tad from 9.0% reading in April IEA warned the EU to brace for a potential full cut of energy supply from Russia, with outsized repercussions on the bloc's GDP Germany’s finance minister called the EU ban on sales of combustion engines cars by 2035 a “wrong decision” Goldman Sachs upped...
In this update we review the recent price action in Goldman Sachs and identify the next high probability trading opportunities and price objectives to target
Don't usually invest in funds but I like the set up here with 12M crossing 36M moving average , a lot of space to move up and the energy sector is good fundamentally at the moment . Id be entering now and selling 50-100% gains. www.gsam.com
Good Day To The Investing World Goldman Sachs has a bullish future, and its clear to see why. The graph shows us that the long entry is larger than the short entry, showing the value is increasing. Second, with US stocks going up in value, and the US Economy recovering from the big hit of increased interest rates, Goldman Sachs will almost very likely treat it as...
There are two positions we are either in The white rectangle which is the beginning of a rejection pattern along the circle, or a green circle which is a bullish pattern that finds support on the circle I am leaning more towards the green circle position (bullish state) due to the position price being quite highly above the circle and it is more comparable to the...
Market Makers managed to push BTC under the important support of about 28200 . As you know from my previous Analysis BTC is very well correlated to SPX and it does not look good there either. I try not to do margin trading so I sold some of my BTC and put a BUY order around 21k . (Many OGs hope that BTC will not fall lower than the All time high of the previous...
Godman Sachs 12 May 2022 The current implied volatility is at 46.4%/year So that converted into daily is 2.92% The close of yesterday was 301.55 So based on that our channel for today is going to be compressed within TOP 310.5 BOT 282.5 with a probability chance of 78.2% based on the last 3007 candles From fundamental point, today we have PPI and initial...
$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...
Immediate targets 344, 325, 301. Invalidation 467. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Goals 18.84, 18.32, 17.69 . Invalidation at 22.23 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Per usual, GSCO pays out Executives at the HIghest rate in history and promptly implodes $63 from its recent November Highs. November - the chosen month for ALL Highs in Equity. _________________________________________________________ $3.8bn, or $10.81 per share, compared with $4.36bn, or $12.08 per share YOY. Bonuses up 31% year on year in the fourth...
#GS Banks been strong running off interest rate news from Feds. Saw a cool off mid week and sideways action ending friday. GS best level for calls is 400. This has been a trade over and over here. 405, 412 targets on calls. Puts can work below 389 but keep in mind 386 is a strong support as well. Id wait to close below this level before going short here.
Big down candle so far on the big bank... $XLF with some relative weakness this morning...
Long GS @383 TP: 600+ SL: N/A GS at -10% correction lvl. Only trading 6x 12ttm and forward earnings. fed hikes/ inflation/ increasing rates good for banks especially as GS ramps up retail exposure/ loans. Also if u look at last 2 years GS has bounced off of the -10% lvl every time.
My view of what is just ahead is a 5th and finally wave up before the market as a whole is setup to break
I take a sell trade to the liquidity area and wait for some Bullish confirmation in the liquidity area. Gold still Bullish but some money is to be made traders.