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Goldmansachs

Goldman Sachs - Market OverviewThe market keeps a bearish trend. After bouncing from a support zone between 160.00 and 150.00 levels, the price moved upward to SMA100. We can see two attempts for breaking this line, but they were not successful. SMA100 and 200.00 resistance make a barrier for further upward movement, and we should expect for the reversal from this zone. If price bounces from this resistance and drops below the local uptrend line, it will be a signal confirming further falling and continuation of the bearish trend. The breakout can be used for opening short trades with stops above 200.00 and profit targets at 160.00 level. If the price can move above 200.00 level, we will get a trend reversal confirmation and buy opportunity based on this signal. But the upward movement can be limited by the main downtrend line. Breaking above the main trend line will give one more confirmation for the trend reversal. From that moment it will be possible to search for buy opportunities based on breakout and reversal signals. The market will be ready to start a new bullish trend.
NYSE:GS
by DLavrov
2
Goldman Sachs - GS - Bull Flag? Look for breakoutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. Took a really profitable trade on GS yesterday and got out right before it hit the top. Now I am looking for a more long term trade since we hit a bottom in intraday trading today. I'm not going to touch GS unless it breaks a key level around $200 and closes on a daily timeframe. If Goldman Sachs can close above $200 then if I look at a measured move on this flag pattern, we are likely heading to $223 which would be over 10% from breakout (not from where we are right now which is about $192). There are a lot of factors that one needs to consider trading right now and one of those factors is the fact that we're still somewhat stalled on trade deals with China and shaky ground in the legislative / executive branch in the USA. Regardless, if we can break through this level and potentially retest it to confirm support, we have potential to make that strong push up. It'll take time and this is where patience could pay off. Keep the stop loss. Trade safely friends. <3 -CE-
NYSE:GSLong
by bitdoctor
Buy Goldman Sachs american stocks after hitting monthly demandGoldman Sachs GS american stock buy opportunities after reaching monthly demand level around 157. This monthly demand imbalance has gained control after a strong drop for a few months. New weekly demand level is being create at $178 as a reaction to monthly demand level, shorts are not allowed on this stock. Long term long bias with bigger picture uptrend on all bigger timeframes. Very strong reaction on the monthly off that M demand level. We don't really care what the fundamentals are saying about this american stock, we don't care if BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the event of a no-deal Brexit, two sources told Reuters. Or if neither of the firms, who together employ more than 10,000 people in London, expects a chaotic exit that would force them to carry out the emergency relocation, the sources said. Goldman's asset management business GSAM, with 50 managers in London, has plans to send "a handful" to the U.S. financial capital until a framework is in place, the second source said, adding they too would eventually relocate to the euro zone. Goldman Sachs has reached a bigger timeframe demand level, it's time to buy with a clear long term long bias, no need to pay attention to what the fundamentals are saying. Buy opportunities being created on weekly and daily imbalances on Goldman Sachs NYSE american stocks.
NYSE:GSLong
by AlfonsoMoreno
Bitcoin Elliot wave theory + TAI have no clue when it comes to the likeliness of this drawing aligning with any future outcomes. I added some notes of my observations, for where we may be heading short term- on route to complete a medium term recovery (1-3 months). I applied some Elliot wave theory and fib retracements to further accredit trends and observations made from normal TA and patterns. It looks like bitcoin is starting to lose its bearish sentiment as seen by the broken resistance and double bottom reversal. This past pump had an extremely evident bullish divergence on the daily chart which was a strong indicator that a powerful reversal was likely. However, I don't think we are close to a bull market when considering bitcoins past value cycles, but we're getting closer to being able to say that we broke out of the free fall of sell offs. So for the next month I can see bitcoin best case scenario tapping 5300 before welcomed with a deserving correction, and worst case scenario I can see it dipping down to the 3100 level. Anything less than 3,000 in the next 3 months and I will pull out to re-enter at another sign of a reversal.
BITFINEX:BTCUSDShort
by boostedbullish
2
Decision Time for Goldman SachsThe H&S target has been reached, leaving GS at the rising trend line of the large rising wedge that has been in play since the 2008 crash. The RSI is showing that GS is oversold while the MACD is still taking a plunge. A MACD recovery and bullish cross would be a good sign. If the price closes under the rising trend line, I expect a large plunge to the 0.786 Fibonacci retracement. If the support holds, expect return to the top of the rising wedge .
NYSE:GS
by CryptoSimons
1
GOLDMAN SACHS: when a giant stumblesGoldman Sachs has stumbled and now there is much debate out there about what next to do. As usual some are shouting "enter long now", whilst others are saying "stay out" etc. For me, it's very simple i.e. I just need to wait on a favourable time frame, somewhere between 2 - 6 hourly if I'm to go north. It's difficult to go short as there could be a rebellion of hopefuls heading north anytime soon. A northward push (if it happens) could attempt to test what I see as the base of a not so well-defined head and shoulders on the weekly. The other major problem is that we are in dangerous economic times - far worse than 2008. So, GS could well head into a massive dive just like around 2008. My strategy in the short term: 1. Wait for a pulse north and follow that if it happens on a microtrend (long position). 2. If that microtrend happens to get near the base, I'll be out - then look to short. (Emphasis on the word 'if'). Longer term strategy: 1. If price goes into a deep dive like in 2008-ish probably months away, then look for favourable trend heading north, to go long. 2. Stalk for a double bottom if it happens.
NYSE:GS
by Captain_Walker
1
GOLDMAN H&S CONFIRMEDWe are witnessing a softening in the market. The Dow Jones Industrials appear to be a mixed bag. Buying blind is NOT the strategy at this point - it worked for 10 years, now the easy money has been made. As suspected, the mid-term elections have not been without incident, and investors are naturally cautious. Many big stocks are confirming bearish topping patterns - including Goldman. I shorted today, with a target below. This is telling me that the rally in the indicies has stalled for now, and an extended period of consolidation is perhaps on the cards. On the other side, we will see a bullish continuation, in anticipation of a Trump 2020 win. With that said, I am buying any low in the Dow, yet cautious for now, and net short.
NYSE:GSShort
by TheRealPeaches
Goldman Drops Trading Desk!!!! Goodbuy, I mean Goodbye.. BitcoinCheck out this news on Bitcoin today Sept. 5th. All credits going to CNBC. Goldman Sachs did NOT settle for the price of Bitcoin. Like I said... too expensive for banks. Retail traders will settle for anything. Not a Investment banker that has back to back months of winning trades for years. Maybe GS will come back to the table at a better price like $1100 or under $1000 a Bitcoin. We may get some bullish months when Bitcoin reach $2500 I hope.
BITFINEX:BTCUSDShort
by AlphonsoElliottJr.
27