Goldman Sachs Respected the Resistance area which is likely to create a reversal ahead followed by the sell zone identified.
Dive into our latest analysis on Goldman Sachs ( NYSE:GS ) as we explore crucial price levels identified in yesterday's meeting. This TradingView update unveils potential strategies for both calls and puts, guiding you through informed entry and exit points. Whether you're looking to capitalize on upcoming movements or safeguard your portfolio, our insights into ...
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...
📈 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 has gone nowhere for two months, but some traders may look for that to change. The first pattern on today’s chart is the $374 level. It was a weekly closing price from January 2023 that GS remained below through late December. The stock rallied above it at the end of last year and has remained there since. That could suggest old resistance has...
As we have seen some interesting earnings with ourperforming assets like NASDAQ:META , NASDAQ:NVDA or NASDAQ:MSFT , our focus turns to Goldman Sachs Group NYSE:GS 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...
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
what the lines mean buy & sell markup blue line is buy break red line is sell break green lines are the contracts you could take sls below the buy/sell breaks
Simple chart here. Broke out of a major pennat back in December.. technically this pennant should take GS back to ATH but first it needs to get over 390 hurdle. Over 390 and long it to 422 Reject at 390 and short it back to 350
I have been holding on to this position for about 9 months. At the current valuation I do believe that the Nasdaq and S&P500 is expensive. So there is a high probability for a sell-off to hit the market anytime soon. So decided to book profits in some of my positions and this is one of them. Will consider a re-entry if market crashes back to the initial entry...
I don't really have much technical analysis support for this trade. This one is basically all fundamental: GS just reported earnings, and they took a bunch of charges, which made 3Q2023 a lot worse than 3Q2022. They did, however, still beat estimates. It looks to me like GS is finally getting out of a lot of the headwinds they had over the past couple of years: ...
Goldman Sachs - Triangle break to the downside on the weekly chart. 279 expected as first level of support. This is not a recommendation to trade. Do your own research and decide on your own trades.
Expecting GS to trade lower in the future. Similar trade setups accross most banking stocks - US and EU. Looks braking down from its +500Day trading range.
The above 2-week chart informs us price action has confirmed a reliable bearish pattern known as the bear-flag. The pattern is reliable in identifying price action targets as measured from the peak of price action to the first support known as the flagpole. The flagpole is now used to measure the target from the area where price action breaks out of the upward...
There is a pole and a structure that slopes against the most current trend. Price has broken down from the structure but has hit a support zone and is up a bit today. Some would take the pole using the magnet ad project it up or down from the flag to get a guesstimate of targets. This is a neutral pattern until clearly broken and the definition of clearly broken...
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...
A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel. Ascending Channel: This channel forms when prices have an overall upward...