Goldman Sachs Group, Inc. (The)
Long
Aggiornato

Tightly coiled ready for an explosive move

73
Many eyes on GS and with a rotation into the financial sector it could truly break out and hold the gains. With the market pullback, gains were softened but the RSI >50 indicates strength. Any entry above the pennant is a good one and should see a retest of the fib above in the next few trading sessions. Fib below can be used as stop loss.
Nota
Has not reached entry and held for proper entry, fell out of symmetrical triangle. May still move on a strong market or rotation into financials.

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