Today we managed to break and hold below the 200 MA on the daily time-frame. Target remains at $190
Technically bearish Q2 Earnings very short lived Struggles to hold above 200 SMA Stock pared its gains since the report Weekly candle made lower low. Further downside is warranted. Near-term Short Target $190
its nice when things go in the right direction.
GS has confirmed the target " Flag " pattern is the resistance of the old peak of $ 250, the current price is above the MA200 moving average. - The Macd shows support for the new uptrend. - Market sentiment also shows optimism. GS buy : $212-$214 GS target : $250 Stop loss : $195 ($195 is the price range showing strength, determination to grow, the volume here...
Like the airline stocks, big banks have all formed similar patterns leading into Monday. Funding seems to have shifted to the banks and airlines. Many banks will be reporting earnings this coming week, including JPM, WFC, Citi (not shown) on Tues. 7/14, USB and GS Wed. 7/15, and BAC, MS, and First National Bank (not shown) Thurs. 7/16.
Goldman Sachs stock price now on corrections on the daily timeframe & may face another phase of bear if the price is rejected at the bearish order candle at 193.44. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Wells is now off more than 50% since the start of the Coronavirus pandemic. However, Wells suffers from much more than a pandemic: Over the last two years, scandals around nefarious sales practices, some unfortunate executive departures, and an inability to grow top line has hit them hard, and the crisis has hit them especially hard in revenue terms. We're now...
Hey. I'd like to talk about the effect of lower interest rates on something called 'net interest margin'... In other words, how banks make money. The chart attached shows US commercial banks' net interest margin (blue) versus the target Fed Funds range (white). Net interest margin (NIM) is a measure of the difference between the interest income generated by...
My custom-coded indicators are pointing to a small bull run in financials over the next few weeks. I'm waiting for the green bar to turn grey, but my indicators are saying it's gonna happen
One of my most favorite trade! JPM's breakdown previously had worked so well to hit the TP2, I'll also be interested in this GS trade today and be willing to take both sided! Let's see how it goes yo!
Ugly double bottom is forming for #GOLDMANSACHS if it holds above $167.66.
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
Dates in the future with the greatest probability for a price high or price low
Weekly chart showing pattern incomplete, price may reach to $1733.. watch UGLD !
IF you follow me, you’d know that earlier this week, I already saw the S&P500 revisiting and exceeding the last low. While the earlier part of this week saw a rebound, it is wide ranged and volatile. It is about time for a revisit to the lows, and did you know that Goldman Sachs (financials) are leading the way? Technically bearish, GS is leading the reversal down...