Trade ideas
$GS Goldman Sachs Bullish pre earnings
Bullish break above the 200MA on Tuesday.
Volume increasing
Sentiment increasing and possible market Rotation
Well formed up trending channel in place.
MACD reversing from Zero-line as Histogram
ticks higher and green.
RSI in strong uptrend
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GS BUY HERE , TARGET UP TO $250GS 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 is large, once it is reduced below $195, all efforts to increase prices will be canceled) .
Wish you good deals!
ABC Bullish Earnings 7-15 BMOBreak out is possibly at 199.75 which has happened
Earnings are around the corner. GS does miss sometimes...I guess most companies do though
Short percent is low
I have never owned this stock, but have sometimes wished I did. I can not own everything though (o:
I do not own GS and am not recommending it
GSI knew that old h&s neckline would be trouble but I never would have guessed it would be gap open below my first target to close on the 2nd target the very next day type of trouble. Based on the price action today (super consistent, steady selling), I wouldn't be surprised to see $185 as early as tomorrow. Unfortunately closed all positions early this afternoon like an idiot. Anticipated a bounce to reload but never got it. Oh well.






















