Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $175.00 short put and a strike $170.00 long put offers a potential 9.17% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $4.58 would be incurred if the stock dropped below the $170.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Goldman Sachs is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Goldman Sachs is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Goldman Sachs
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Tue, 02 Sep 2014 22:41:12 GMT
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Tue, 02 Sep 2014 18:20:00 GMT
The Wall Street Journal – As Portuguese lender Banco Espírito Santo neared collapse this summer, it found a Wall Street ally to help it raise badly needed funds: Goldman Sachs Group.
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Tue, 02 Sep 2014 16:58:33 GMT
Financial Times – Atlantic City's Revel Casino shut its doors for good on Tuesday just two years after opening, marking a painful end to a $2.4bn project intended to revitalise the resort town's struggling gambling industry. …
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