Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $212.50 short call and a strike $217.50 long call offers a potential 26.26% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $212.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock rose above the $217.50 long call 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 down which suggests that the medium-term momentum for Goldman Sachs is bearish.
The RSI indicator is at 39.18 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, QNB Said to Lead Travelex Buyout Debt Refinancing
Wed, 08 Jul 2015 10:45:59 GMT
Corzine joins $64.5m MF Global settlement
Tue, 07 Jul 2015 22:47:42 GMT
Financial Times – Jon Corzine, the former head of MF Global Holdings, has agreed to be part of a $64.5m settlement to end litigation brought by investors burnt by the 2011 collapse of the futures brokerage he had tried …
Goldman Coder Goes Free, But Insider Trader Stays in Jail
Tue, 07 Jul 2015 21:47:07 GMT
MOVES- Goldman Sachs, RSA Insurance, Royal Bank of Canada
Tue, 07 Jul 2015 19:45:43 GMT
MOVES- Goldman Sachs, RSA Insurance, Royal Bank of Canada
Tue, 07 Jul 2015 19:45:43 GMT
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