The market keeps a bearish trend. After bouncing from a support zone between 160.00 and 150.00 levels, the price moved upward to SMA100. We can see two attempts for breaking this line, but they were not successful. SMA100 and 200.00 resistance make a barrier for further upward movement, and we should expect for the reversal from this zone. If price bounces from...
GAP resistance again Blue line from the highest high and down trending channels are resistance zones from gaps and hi/low peaks [ R&S} seeing if secondary resistance lines are S&R - noticing gaps in these channels occasionally
GS is approaching its resistance where it could reverse to its support.
GS is approaching its resistance at 211.21 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it could reverse to its support at 182.59. Stochastic is also approaching resistance where a reversal could occur.
GS flagging on weekly with volume pocket up to $218+ on move above $200
GS is in a tight range. Market is trending up with potentiatly more positive news ahead on trade. 50MA is pojnting up on the daily and I believe $203 in the near term is posible. My stop is set at a close of $191.50.
GS is approaching its resistance at 211.21 (61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where it could reverse to its support at 182.59. Stochastic is also approaching resistance at where a reversal could occur.
Bull flag breakout. This could test down trend line around 210-212, then some sideways action before popping over.
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Took a really profitable trade on GS yesterday and got out right before it hit the top. Now I am looking for a more long term trade since we hit a bottom in intraday trading today. I'm not going to touch GS unless it breaks a key...
The whole financial sector looks too risky for me with the fed halting interest rate hikes and stopping QT. GS is the exception.. and maybe AMTD. Fib loves support at $170 12/31-1/14 Retested support at $190 If it can punch through $203 (resistance) I think this thing is mooning to $210 At the very least this is a safe trade to $203 because it has to...
GS is approaching resistance 211 (61.8% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal pullback resistance) where it could potentially revese down to its support. Stochastic is approaching its resistance where a corresponding drop could occur.
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
GS looks like it wants to break out, just needs a little help from the market. Bought calls on the morning dip, holding until tomorrow morning. Should easily be $5 when it breaks out.
Goldman Sachs Prices have perfectly aligned itself with the Fib Ratio prices. As long as the price doesn't break above the Stop loss, I will be holding a Put. Here is my Option Trade: (Keep in mind that I am not good at options, I just see good value here as a swing option trade) GES $165 Put EXP date: 2/22 I will be holding this option until days before the...