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.
Hello traders,
Description of the analysis:
Goldman Sachs group (GS) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based...
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...
Basic horicontal lines (support/resistance) are:
242.42 high of last week
235.54 low of this week
225.73 opening price & low of last week
GS opend this week around last weeks highs and created weekly lows around basic upside, before breaked out slightly today. Noticable, at in my opinion, are the facts, that GS created 3 GAP`s. 3 Upside GAP´s are suggesting me,...
