3rd fail here at 50/1003rd time failing at 50/100 here after failing at 200 in april/may, i'm short with tight stop on daily close above the 50
GS trade ideas
Goldman Sachs moving in the bearish directionAfter a rather sharp and long bearish move, which we said it is going to happen in our previous Goldman Sachs analysis, we can see that the price is forming a small bullish corrective wave, as the price got oversold after the latest bearish leg. Waiting for the price to make a breakout below the indicated yellow line, then expecting a move to the blue support/resistance area. Another bullish bounce will probably form there and then the price should go lower.
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GS Reversed Off Resistance, Potential Drop!GS reversed off its resistance where we could see a further drop to its support.
Goldman Sachs and B&B hotels mergeGoldman Sachs, one of the largest investment banks in the market, this Monday announced the ongoing negotiations for the purchase of B & B Hotels from a private investment company PAI Partners. According to the previous Financial Times report, the hotel chain is estimated at 1.9 billion euros, which is equivalent to 2.1 billion dollars.
False Breakout, breakdownGS lost horiz support after false breakout from downtrend, 188 should come fast, when/if that breaks , new lows coming.
Goldman Sachs - Will follow the JPM path? - 01Goldman Sachs - Will follow the JPM path?
Comparison between GS and JPM
GS Approaching Resistance, Potential Reversal! GS is approaching its resistance where a reversal could occur.
$GS Goldman will reward the bulls. We are looking for a break of resistance in GS at $209 for a quick jump to $219, price action is limited in this zone given the speed in which the stock dropped. We hope for a speedy move up to the golden pocket at approx $228. If and when the wheels fall of tech , financials is where the wise money will continue to hide out. We are bullish financials.
$GS looks temping herePrice bounced nicely off of the 50 day moving average on the daily chart and is shaping up nicely here on the hourly chart.
GS Reversed Off Resistance, Potential Drop!GS reversed off its resistance where we could see a further drop to its support.
GS going for a bearish or bullish move?The stock has made a rather large bearish move, that has closed beneath the support/resistance line. It has reversed and made a smaller bullish move and is now at the previously mentioned support/resistance line. We are expecting the price to bounce of this line and make another bearish move. If we see a breakout to the bullish side, we are waiting for the confirmation of the bullish move, and the entering a long position.
On the four hour chart we can see, that the price has recently broken the support/resistance line, that could indicate a smaller bullish move if we see a confirmation of the breakout.
Feel free to pick up a copy of our Free Weekly Market Outlook here:
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We wish you good luck with your trading!
Goldman Sachs (GS) Cleared a LevelTheory is that each box jump/drop requires the same amount of time, and thus GS looks poised to spend some time bouncing between 205 and 220. Idea negated if 205 zone is lost.
Target: 220
GS Reversed Off Resistance, Potential Drop!GS reversed off its resistance where we could see a further drop to its support.
Daily KEY outside-reversal on Goldman after Q1-earnings?KEY-outside reversal on Goldman after Q1-earnings?
GS - SHORT TERM BEARISH, LONG TERM BULLISHGS ER report before the Open
- rejected and closed below MA200
- falling resistance around 211.56
- MACD is the only bullish signal
Goldman Sachs in PlayLooks like it may be an exciting Monday just like Friday. Goldman and Morgan Stanley are in play this week. GS MS GS
Goldman Sachs Update - Buy Buy Buy!I've added the ichokucloud fibonacci to this chart. Looks like my previous analysis was correct, broke out from the base established over the past 2 months. Earnings Monday morning should make this pop along the new trend line.
NYSE:GS NYSE:GS
GoldmanSachs Breaks Out With Other Financials $GSGood Morning,
I held some $210 and $230 call options overnight. Looks like we're about to head up toward at least the $216 area if not higher. Earnings are reported Monday morning prior to the bell.
