Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $177.50 short put and a strike $172.50 long put offers a potential 15.47% 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 $177.50 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock dropped below the $172.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Goldman Sachs
Goldman gets bullish on stocks again. Here's why
Tue, 09 Sep 2014 06:05:00 GMT
Goldman Sachs' case for European stocks
Tue, 09 Sep 2014 06:05:00 GMT
Alibaba talks corporate governance to potential IPO investors
Mon, 08 Sep 2014 23:15:25 GMT
Alibaba talks corporate governance to potential IPO investors
Mon, 08 Sep 2014 23:11:16 GMT
Alibaba talks corporate governance to potential IPO investors
Mon, 08 Sep 2014 23:06:56 GMT
Reuters – Alibaba Group Holding Ltd (IPO-BABA.N) founder Jack Ma on Monday surprised potential investors at a standing-room only event in New York by addressing governance concerns over the Chinese e-commerce giant, including a controversial 2010 spin-off of its online payment service. Ma made the remarks at a luncheon at the Waldorf Astoria hotel in New York in front of hundreds of hedge funds, mutual funds and other institutional investors, as the company kicked off a two-week, multi-city marketing blitz for its initial public offering. Alibaba was expecting about 500 investors to attend the first stop on the roadshow, but some 800 showed up, forcing some into overflow rooms. Alibaba is seeking to raise more than $21 billion in the largest-ever U.S.
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