Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $175.00 short put and a strike $170.00 long put offers a potential 27.88% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock dropped below the $170.00 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 71.15 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
Holding(s) in Company
Fri, 28 Oct 2016 08:48:04 GMT
noodls – —————–The Goldman Sachs Group, Inc.; 44,580,856 shares; 9.03% Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 44,380,856 shares; 8.99% Goldman Sachs Group UK Limited …
Holding(s) in Company
Fri, 28 Oct 2016 08:28:02 GMT
noodls – The Goldman Sachs Group, Inc.; 23,668,372 shares; 3.76% Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.) Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.) …
Let's Hope A Move In Rates Isn't Messy
Thu, 27 Oct 2016 23:33:00 GMT
Buyout group Ardian wins race for German lighting group SLV
Thu, 27 Oct 2016 18:07:17 GMT
Buyout group Ardian wins race for German lighting group SLV
Thu, 27 Oct 2016 17:45:50 GMT
Reuters – FRANKFURT/LONDON, Oct 27 (Reuters) – Buyout group Ardian has won the bidding for German residential and technical lighting products maker SLV, its owner Cinven said on Thursday, confirming a Reuters report. Ardian beat off bidders such as 3i, Triton, Pamplona and Lone Star, people familiar with the matter said. Cinven did not disclose financial details but two people close to the deal said Ardian's offer valued SLV at around 800 million euros ($872.32 million) including debt.
Related Posts
Also on Market Tamer…
Follow Us on Facebook