Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 23.76% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $175.00 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 50.16 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
Goldman Sachs Says China Developers Still ‘Riskiest’
Tue, 28 Oct 2014 06:57:48 GMT
Oil extends losses over weak price outlook
Tue, 28 Oct 2014 05:50:55 GMT
[$$] Goldman Adds to Petrobras’s Election Fright
Tue, 28 Oct 2014 04:57:45 GMT
The Wall Street Journal – A surprise election result in Brazil and oil-price forecast cut by Goldman Sachs underscore Petrobras’s structural challenge—and where supply and demand might be going.
Cramer: All eyes on oil
Mon, 27 Oct 2014 22:25:00 GMT
Oil prices tumble; Goldman slashes forecast
Mon, 27 Oct 2014 21:22:59 GMT
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