Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $160.00 short call and a strike $165.00 long call offers a potential 27.88% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 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 rose above the $165.00 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 36.29 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
Morgan Stanley’s Tesla Analyst Will Make You Forget Goldman Call
Tue, 24 May 2016 09:00:23 GMT
[$$] Brexiters' insouciance is the privilege of the rich
Tue, 24 May 2016 04:30:21 GMT
Financial Times – The man who runs the National Health Service said on Sunday that a British exit from the EU would disrupt his work. Simon Stevens is now, according to Leavers with no prior interest in him, a government …
Big Banks Have Nothing to Fear from Financial Upstarts, Study Says
Mon, 23 May 2016 23:35:22 GMT
MOVES-Goldman hires investment banker Kamo from Credit Suisse
Mon, 23 May 2016 20:51:27 GMT
Goldman Says It Warned Former BHS Owner About Suitor’s Finances
Mon, 23 May 2016 20:35:47 GMT
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