Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $195.00 short call and a strike $205.00 long call offers a potential 11.48% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $195.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $8.97 would be incurred if the stock rose above the $205.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Goldman Sachs is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Goldman Sachs is bearish.
The RSI indicator is at 35.1 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
Go Downstream: Goldman Cuts ONGC To Hold On Weak Oil Price, Ruble
Tue, 13 Jan 2015 01:25:00 GMT
Crude oil prices renew a slide that has yet to bottom
Mon, 12 Jan 2015 23:34:22 GMT
Cramer: Too early to bottom-fish oil patch
Mon, 12 Jan 2015 23:25:00 GMT
Stocks End Near Lows, But Alcoa Gains After Hours
Mon, 12 Jan 2015 22:06:00 GMT
Keefe, Bruyette & Woods Previews Goldman Sachs Q4 Earnings
Mon, 12 Jan 2015 21:32:38 GMT
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