Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 13.64% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $8.80 would be incurred if the stock dropped below the $155.00 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 77.28 level which suggests that the stock is neither overbought nor oversold at this time.
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
He Runs Tac Ops for Blackstone. No Night Vision Goggles — Just a Sharp Eye for What Goldman Missed
Mon, 09 Jun 2014 12:59:46 GMT
Goldman stars fall back down to earth
Mon, 09 Jun 2014 11:12:55 GMT
Financial Times – Goldman prop traders strike out Of all the Wall Street tribes rendered extinct by the financial crisis, few carried the same symbolism as the Goldman Sachs proprietary trader. While many financial institutions …
Blackstone’s Blitzer Hunts Goldman’s Lost Opportunities
Mon, 09 Jun 2014 04:00:01 GMT
JP Morgan Asset Management hires institutional head of Europe
Sun, 08 Jun 2014 23:15:48 GMT
JP Morgan Asset Management hires institutional head of Europe
Sun, 08 Jun 2014 23:01:00 GMT
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