RSI & MACD both showing strong bullish divergences, along with a possible liquidity grab right below previous pivot points. Once (and if) price pushes through the current supply zone, my targets would be roughly $350, $358, & $367. Feedback is always encouraged. Enjoy!
-Will be watching $48.57 Resistance will go calls if we break and puts if we continue to reject -Banks will be interesting as CPI data comes out -Will also be watching JPM & GS -Ready to play both sides
It seems Banks will correct in the coming days..! Considering their weight it will affect the S&P 500 and Dow! You can see the most important support(green line) and resistance (red line) levels. Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m...
Potential irregular H&S in GS Also there is a big gap remaining at 275 USD
it seems Banks stocks have finished their correction and started a new rally! Keep them in your portfolio during high inflation times! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial...
Please review the analysis published on November 4th, 2021: Title: Negative days ahead for banks! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an...
It seems Banks have run out of steam and in the near future, they will make a correction or go sideways! BAC: Fails to close above 48.50 WFC: Got rejected from resistance level and may retest 46 in the coming days C: struggling at the support line MS: pure consolidation between 96-106 JPM: 2-3% correction is expected! GS: could retest 370 level once again! You...
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.
(Opinion Only) Rates would favor the bullish long setup here. Held the 8day MA and so far 20day is resistance. Bullish above the 8day.
GS looks good for highs once again iMO.. Over 399 get ready for 403 - 411 - 420 R LVLS Can scalp 399 to 403 on a quick play. . If buying commons LIS 390
GS could pull back to my buy zone of $380 and consolidate here. We may get a run into earnings type price action and hit my target of $400
Rates spiking higher to 1.45% good for the banks and Goldman is no different. (Opinion only) Goodluck
Investment banking behemoth Goldman Sachs recently announced its intention to acquire GreenSky, a sales and "buy-now-pay-later" fintech company, in an all-stock deal worth about $2.2 billion. GreenSky is a major intermediary for home improvement loans and planned transactions, and allows customers to make purchases and repay them in multiple payments over some...
ENTRY: 407.36 SL: 383.76 TP1: 429 TP2: 441 - ADX>20. - RSI>50. - Holding alright above pivot point "P". - Entry based on breakout from VZ today. - Strength meter shows weakness so entered with lower risk.
Here is what stocks we are watching for this week! NASDAQ:NVDA Currently range bounce with a support of $518. Will looks to take puts on a move under that 518 level. NYSE:GS Looking at a double top on the daily level. Looking to take puts under the $388 level NASDAQ:CRWD Clean bear flag showing on the daily chart. If we get more selling in tech this...
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS...
GS can test 393 if it stays under 400. Trade Idea: 395P 8/20. under 400 BID/ASK: 1.95/2.08