GS trade ideas
GS - Long IdeaCheck out the incredibly tight range the stock traded on earnings today. One of the tightest ranges we've seen on such a heavy volume day.
GS: Peaked out for now?Price moved above the lower trendline, but was stopped at the upper trendline. Still appears to be on a downward trend.
Cyclical action in Goldman Sachs (GS) could mean that its a buy Since the March, GS has rallied in the first half of each month and sold off in the second half of each month. Now it has broken its short-term downtrend and it could be time to buy. I would use $220 for a stop out because that has been the recent low. I would sell it when it breaks the uptrend...which I assume will be sometime during the middle of the month.
probable long on Goldman SachsThis baby is the best bank around. So if the results from the banks move the sector up. I will buy this targeting the 240 to exit.
#futures alerts
GS: A Multi-Decade Leading Diagonal took the stock to greatHeights. Time for a Fin 61.8% retracement?
GOLDMAN SACHSOn GOLDMAN SACHS Daily chart, was formed a bullish divergence, price/CCI. However, the signal for opening a long position only after the breakout of the blue trendline.
GSGS, arguably an over-valued stock, formed a divergence against MACD histogram, bouncing back from channel lower line and 78.6% fib level of latest rise. Stochastic lines also crossed over.
Above hints gave me a short-term BUY recommendation for GS.
SL: below 227
TP: 252-254
$GS Short Down trendline resistance and price level ceiling at $234. Seems like a good spot to go short.
GS revised pathGiven that we blew through the previous support, looking for the new buy box to re-accumulate my stopped out positions
#Goldman financials looking cheap...$GS with a 10 multiple on the income statement and about a 1.25 multiple on the balance sheet, this financial sector leader looks attractive. The key level here for a risk/reward swing trade would be to watch the prices around 220 and 230.
Goldman Sachs Anti Set UPGS seems to be attracting demand recently. The trend down is losing momentum and it might just be the time to enter an anti set up here for a modest 1.5-2R target. Though sellers can enter this market any time, it seems more probable that bulls will take this higher to the Warning Line.
