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...
GS last month broke out of this prior All Time High level(397.52). This month(so far) it is back testing the prior ATH level.
Would be interesting to see the Monthly close on this.
As long as we are closing above prior ATH level, expecting to see 420/450 levels
If going long here, would consider Stop Loss of 385 on daily closing basis.
If playing options, I...
Goldman Sachs, one of the very few giant financial services companies left, is intending to do the first mega buyback program that will exceed One TRILLION dollars into 2025. Gasp.
So the chart shows the initial buybacks commencing and the support of its stock price during the very dicey sideways trend.
The company reports earnings Monday, April 15. Enough...
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...
GS Anchored VWAP, and consolidation range. When wicks hit within this price zone there is a very good chance of a bounce towards the upside! Running this same method through tickers on my watchlist!
📈 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.
