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 12.36% return on risk over the next 31 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 $1.10 would be kept by the premium seller. The risk of $8.90 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 43.63 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
Stock Charts Of ServiceNow, Essent Group Improve
Wed, 17 Dec 2014 23:33:00 GMT
GOLDMAN SACHS GROUP INC Files SEC form 8-K, Financial Statements and Exhibits
Wed, 17 Dec 2014 21:33:57 GMT
Goldman Sachs Held An Epic Traders Vs. Bankers Fitness Competition
Wed, 17 Dec 2014 20:57:00 GMT
Cooperman: Adding to Atlas Energy, not SandRidge
Wed, 17 Dec 2014 17:45:00 GMT
Goldman, CarVal Said to Win Irish Property Loan Bidding
Wed, 17 Dec 2014 16:01:12 GMT
Bloomberg – A venture between Goldman Sachs Group Inc. (GS) and CarVal Investors LLC is poised to purchase about 1 billion euros ($1.25 billion) of real estate loans linked to the former Anglo Irish Bank Corp., two …
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