Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 17.37% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $182.50 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 at 78.46 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
H.K.-Shanghai Connect Means ‘Much More Trading’: Goldman Sachs
Mon, 10 Nov 2014 06:00:11 GMT
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Sun, 09 Nov 2014 10:29:54 GMT
Berkshire's earnings down 9% from a year ago
Sat, 08 Nov 2014 00:58:26 GMT
10-Q for The Goldman Sachs Group, Inc.
Sat, 08 Nov 2014 00:08:37 GMT
Millennials look to tech stars as finance careers leave them cold
Fri, 07 Nov 2014 18:18:06 GMT
Financial Times – “It wasn't that I couldn't cope. It's that I didn't want to cope.” So says a twenty-something year old who left Goldman Sachs after two years on its graduate scheme. “I didn't see why I …
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