Goldman Sachs (GS) LONG Opportunity
Nice double bottom at $372 and bouncing off the 120 EMA.
Gapped above the daily down trend line for past month.
A 127.2 Fib extension from last major high to low gives
possible target of $433
Financials usually like higher inflation and interest rates,
up to a point. BOA and others breaking upwards.
They may want to fill the gap down to 393ish before
taking it up
Gapped above the daily down trend line for past month.
A 127.2 Fib extension from last major high to low gives
possible target of $433
Financials usually like higher inflation and interest rates,
up to a point. BOA and others breaking upwards.
They may want to fill the gap down to 393ish before
taking it up
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