Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $210.00 short call and a strike $215.00 long call offers a potential 16.82% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $210.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $215.00 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 29.68 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
Alibaba pins U.S. growth hopes on Goldman's China rainmaker
Wed, 05 Aug 2015 07:24:41 GMT
Alibaba pins U.S. growth hopes on Goldman's China rainmaker
Wed, 05 Aug 2015 07:07:56 GMT
Alibaba pins U.S. growth hopes on Goldman's China rainmaker
Wed, 05 Aug 2015 07:05:48 GMT
Form 8.5 (EPT/RI) – Amendment
Wed, 05 Aug 2015 06:14:03 GMT
noodls – Goldman Sachs International Amendment – due to the amendment of Equity and Derivative transactions, the disclosure made on 06 July for dealings on 03 July have been updated. Section 2(a) and section 2(b) …
Alibaba Taps Former Goldman Partner for Global Push
Wed, 05 Aug 2015 04:16:08 GMT
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