Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 21.68% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.98 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock dropped below the $147.00 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 at 61.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
MOVES- Goldman Sachs, Deutsche Bank, Oppenheimer Holdings
Tue, 08 Mar 2016 12:10:29 GMT
[$$] Goldman says commodity rally unlikely to last
Tue, 08 Mar 2016 10:56:59 GMT
Financial Times – The most influential bank in commodity markets believes the recent rally is unlikely to last and prices will reverse unless there is a sustained improvement in demand led by China, the world's biggest …
Goldman banker Leissner quit after violating company rule – source
Tue, 08 Mar 2016 10:51:38 GMT
Ex-Goldman Banker With Ties to Malaysian Fund Is Subpoenaed
Tue, 08 Mar 2016 10:48:39 GMT
[$$] Goldman Adviser to 1MDB Quit After Alleged Violations of Bank Policy
Tue, 08 Mar 2016 09:09:51 GMT
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