44.30 above breakout possible 43.50 below trade invalid expecting strong breakout if sustain 45/46/47 expected to test soon
$Arkm 1D chart; After signing a 2-year shirt sleeve sponsorship with Galatasaray, Arkham continues to move towards a narrowing trend line The existing bullish harmonic pattern is active as long as the stop level is not seen. Let's not forget the possibility that OB zones may work as resistance In order for the pattern to be completed, it is expected to make a...
In this video i break down my favorite picks for week ending 7/12/2024. Im looking to play the majority of these with options! come follow along as we have a diverse group that we analyze each and every week!
Watchlist for week ending 6/28/2024! let me know what you think
Amidst a landscape of evolving financial markets and emerging technologies, Goldman Sachs ( NYSE:GS ) has strategically positioned itself to capitalize on the growing demand for AI-related infrastructure. The success of OpenAI's ChatGPT has invigorated investor confidence, leading to increased funding in promising AI startups. In the wake of the Federal Reserve's...
Goldman Sachs Respected the Resistance area which is likely to create a reversal ahead followed by the sell zone identified.
BAC is showed here on a 100R(ange) where price action from the Covid lows to the federal stimulus highs to the fade and consolidation of Summer 2022 to Summer 2023 and another fade and reversal from it are seen on the chart. At presen, BAC has reversed upside. With Uncles Powell and Sam announcing likely three rate cuts in 24Q3 and 24Q4, I see...
JPM on the daily chart has plain and obvious consistent momentum albeit with corrections. The markets are expected to thrive in this lection year and three rate cuts are projected in the net 8 months. The best time to buy JPM was both March 22 and October 23. I suggest the next best time is now before the forecasted rate cuts are factored into price ahead...
As we start into the Earnings Season, our focus turns to Goldman Sachs Group on the daily chart. Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an impulsive Wave (1) unfolded, reaching $390. Now, the anticipation is set for Wave (2), expected...
This is to follow up my previous idea on Groupon. On the 2H chart, price is in a one month sustained breakout from the volume profile and into the upper VWAP band lines both anchored for end of 2023. The faster green RSI line crossed the 50 about the same time and basically has not looked down. The slower RSI line has slowly risen from 55 to 65. This is in...
📈 Technical Overview: GS Price: Potential benefits in uncertain macroeconomic conditions. Resilience: Historical resilience, particularly noted during the 2008 financial crisis. Private Equity Capital: Significant capital in private equity firms ($1.3 trillion at the start of 2023). Potential Impact: Expected to benefit intermediaries like Goldman Sachs. 📊💼...
Goldman Sachs - NYSE:GS Chart looks promising ✅ Rising 200 week and 200 day ✅Break out of long term pennant ✅ Pull back would be healthy here 🚨 Main concern would be a double top rejection from red line on the chart Earnings Perspective Rev ~~ $11.32B, EST. $10.84B EPS ~~$5.48 VS. $3.32 Y/Y AUM ~~ $2.81T, EST. $2.77T PUKA
NYSE:GS has had a sudden huge decline in its Institutional Holdings from last quarter--a whopping 12%. That's huge. This suggests that often the selling is from Buy-Side Institutions. Goldman Sachs has a buyback program of 30 billion dollars underway, approved end of February 2023. The Buybacks started in March and have continued until recently. I showed the...
US Q2 earnings this week – Citi, JP Morgan, Bank of America, Wells Fargo, UnitedHealth This week we get the US big money centres out with earnings. The focus falls on asset quality, loan growth/contraction, net interest margins (NIM) and any commentary on the recent tightening of broad financial conditions. When we look at the companies included in the US30,...
Hey guys it’s Amir what’s up? I’ll go right into it. - GS is trading between support and resistance since October. -We have a similar double bottom like we had couple of months ago - we have a gap at the resistance and I LOVE gaps I believe they always get fill - at the 4 hour interval we have a bullish divergence Right now I’m waiting for final confirmation...
keeping an eye on a potential Head & Shoulders pattern in the stock of Goldman Sachs (ticker symbol: NYSE:GS ). The Head & Shoulders pattern is a popular technical analysis pattern used by traders to predict potential trend reversals. It typically consists of three peaks: a higher peak (head) between two lower peaks (shoulders). The pattern suggests a potential...
Company: Goldman Sachs Group, Inc. Ticker: GS Exchange: NYSE Sector: Financials Introduction: In this analysis, we are examining Goldman Sachs Group, Inc. (GS) on the NYSE, a key player in the financial sector. The weekly chart indicates a potential bullish reversal in the form of a classic Symmetrical Triangle pattern that has been forming over the past 287...
If you haven`t sold GS here: Then analyzing the options chain of GS The Goldman Sachs Group prior to the earnings report this week, I would consider purchasing the 330usd strike price Calls with an expiration date of 2023-7-28, for a premium of approximately $5.55. If these options prove to be profitable prior to the earnings release, I would sell at least half...