Bearish on Goldman. GSGoldman Sachs is another major company we have been following. Shaky fundamentals and the fractal picture of the stock price drive us to a bearish stance on this one.
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. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Trade ideas
Goldman Sachs Group Analyze 🦀!!!Goldman Sachs Group succeeded in making a Bearish 🦀Crab🦀 Harmoni Pattern near the resistance line.
I expect that Goldman Sachs Group will lose at least 15% of its value.
The 🎯target🎯of this downtrend can continue at least to the trend line.
Goldman Sachs Group Analyze (GSUSD), Timeframe 1H⏰(Log scale).
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
9/18/22 GSGoldman Sachs Group, Inc. ( NYSE:GS )
Sector: Finance (Investment Banks/Brokers)
Market Capitalization: $112.036B
Current Price: $326.21
Breakout Price: $335.15
Buy Zone (Top/Bottom Range): $325.35-$306.65
Price Target: $361.40-$363.50
Estimated Duration to Target: 60-63d
Contract of Interest: $GS 11/18/22 330c
Trade price as of publish date: $15.45/contract
GS short entryHello dear Traders,
Here is my idea for #GS
Price closed below yellow line (previous month low)
Price closed below purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
'#GS short ideaHello dear Traders,
Here is my idea for #GS
Price closed on daily chart below yellow trigger line (previous month low) - Trade active.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
Bearish SharkPrice has met Target 1 which is the top of the hump in the crooked W.
This is often a support level and price is hanging on this level right now.
The 4th leg appears to have terminated at the 1.113.
The Shark is labeled OXABC. This is an Alternate Shark. There is a version that ends at the .886 of OX.
Price is below the 200 DMA but is still above the 50.
No recommendation.
TO GOLDMAN FROM JEFFGoldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment serves public and private sector clients around the world and provides financial advisory services, helping companies raise capital to strengthen and grow their businesses and provide financing to corporate clients. The Global Markets segment serves its clients who buy and sell financial products, funding and managing risk. The Asset Management segment provides investment services to help clients preserve and grow their financial assets. The Consumer & Wealth Management segment helps clients to achieve their individual financial goals by providing wealth advisory and banking services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.
IM WAITING FOR THE NICE 25% DISCOUNT IN GOLDMAN
THEN I BEGIN MY SHOPPING SPREE
as for day trading im in a short swing
i thought it was recovering but i dont think so anymore
SENNA SEASON
Goldman Sach's VS US Money Supply Is A Mean Reversion OscillatorHello friends. Time for us to blow your minds for the Nth time. Goldman Sach's VS US Money Supply Is A Mean Reversion Oscillator For Risk Assets. What do we mean?
Let's first start with what Goldman Sach's is. They are an American multinational investment bank and financial services company. Since they are perpetually invested into the markets, their stock naturally flows with the waves of risk assets just like most other stocks do.
Charted alone, their stock is not very interesting at all. Charted against the supply of the US dollar, it becomes far more interesting indeed. You see, it has not left the range it currently trades within since the Global Financial Crisis. Every time their stock becomes overvalued in comparison to the amount of dollars that exist, it ends up crashing down. Every time their stock becomes undervalued in comparison to the amount of dollars, it ends up pumping.
We are currently in the "Dead Zone". That means we can definitively say that Risk Assets are not cheap, but they also are notably not expensive either. Another thing we could say is that Risk Assets are in fact more cheap than they are expensive. This is to say that if risk were to rise to the "Expensive" band once again, it would appreciate by 58% wheras if risk were to fall down to the "Cheap" band again, it would only fall by 27%. This could be an argument for buying risk assets, but in reality it's not usually wise to trade in the middle of a range. Intelligent traders will wait to buy support and sell resistance rather than messing around in the middle where anything can happen.
We think that the odds favor risk falling another 27% over the next few years and tapping the cheap zone. From there we could see very wealthy investors start to prop up the markets, and eventually the prices can rally back into the expensive zone. Long term and patient investors can easily profit from this, but pigs will get slaughtered as always.
GS To Rise In Value?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 an opportunity. Lastly, the lines on the graph, which shows us that GS's high and low are both going upwards.
As always, read the graph if your opinion differs!
Falling Wedge- Bullish - UpdateJust posting a quick update here as GS has gotten beaten down as the broader markets pulled back but has seemingly found some support after reclaiming its 20-Day SMA. GS is lagging the XLF at the moment, however, looks to be setting up nicely for a big breakout. GS is holding within a nice falling wedge on the daily timeframe accompanied with some bullish hidden divergence on the RSI. Additionally, Bullish Gartley harmonic pattern on the 4-Hour timeframe along with Bollinger bands are squeezing, and a golden cross on the MACD to top it off (See Attached Chart Below). Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting). Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime- Price Targets & Previous charts are attached below
PT1- $314.20
PT2- $323.73
PT3- $329.81
PT4- $337.64 + Gap Fill
--4-Hour Timeframe--
--Previously Charted--
GS Fibonacci Circle Price Positions 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 green circle on the yellow fib ring
Being above the green trend line adds to this bullish assumption
This is the Weekly chart for GS (Goldman Sachs)