Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $182.50 short put and a strike $177.50 long put offers a potential 18.2% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $182.50 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $177.50 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 47.86 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
Financials led way to upside: Trader
Wed, 08 Oct 2014 21:00:00 GMT
Here's What You Can Earn Working At Goldman Sachs
Wed, 08 Oct 2014 20:04:19 GMT
How Goldman Sachs Group Inc And 13 Wall Street Stalwarts Plan To Change Communication
Wed, 08 Oct 2014 19:28:14 GMT
The Fix for Biased Wall Street Arbitration? Make It More Like Court or Get Rid of It
Wed, 08 Oct 2014 10:00:00 GMT
Goldman ordered to pay legal fees to Libyan fund
Wed, 08 Oct 2014 08:20:07 GMT
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