Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $170.00 short call and a strike $180.00 long call offers a potential 12.99% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $170.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $8.85 would be incurred if the stock rose above the $180.00 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 56.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
World Cup Twitter action may have given shares a kick, but what now?
Wed, 02 Jul 2014 14:50:26 GMT
The Daily Ticker – http://l.yimg.com/hv/api/res/1.2/3G7lSx.u0kjy3zY7TMB5Pw–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.yahoofinance.com@4c9b404e-1b19-3179-b1f0-a8d4302faffe_FULL.png
Goldman in Trouble as FINRA Imposes Fine for ‘Dark Pool' Faults
Wed, 02 Jul 2014 14:10:16 GMT
[$$] Goldman-Led Group Buys Stake in South Korean Gas Producer
Wed, 02 Jul 2014 13:56:09 GMT
Goldman ‘Boy’s Club’ Accused of Sexualizing Women
Wed, 02 Jul 2014 13:41:11 GMT
[$$] Fading Trading Dims Goldman's Prospects
Wed, 02 Jul 2014 12:36:39 GMT
The Wall Street Journal – Goldman Sachs gets downgraded as a prominent Wall Street analyst concludes depressed trading revenues are here for the long haul.
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