Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $190.00 short call and a strike $195.00 long call offers a potential 29.2% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $190.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock rose above the $195.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Goldman Sachs is bearish and the probability of a decline 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 56.77 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
Parkdales under contract to be sold
Wed, 07 Jan 2015 20:40:12 GMT
bizjournals.com – Excelsior Group and Goldman Sachs & Co. have a contract to buy The Parkdales office complex from C-III Capital Partners, according to multiple real estate sources who declined to be named to protect client …
Street Talk: Goldman upgrades Cigna
Wed, 07 Jan 2015 19:42:00 GMT
Regulators right to cut biggest banks down to size
Wed, 07 Jan 2015 19:13:59 GMT
Financial Times – Goldman Sachs caused a bit of a stir this week by issuing an analysts' report suggesting JPMorgan Chase might want to break itself up. I believe in the independence of investment bank research as much …
Wall Street Takes Pay Cut, but Bankers Don't Dare Complain
Wed, 07 Jan 2015 18:36:00 GMT
Why Big Banks Are No Longer the Place to Get Paid on Wall Street
Wed, 07 Jan 2015 18:14:00 GMT
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