Goldman Sachs (GS) is attempting to break out again today. It has been trying to move above $170 since June and it looks like it might be able to do it today.
I’m keeping an eye as it could move to $200. Risk / Reward is 15:1 with a stop below $169 (moving back in the triangle.)
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GS Weekly Chart
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GS Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.