Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $165.00 short call and a strike $170.00 long call offers a potential 33.33% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $165.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock rose above the $170.00 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 36.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Wanted: more ventures fit for the fast track
Mon, 03 Oct 2016 23:00:59 GMT
Financial Times – Rana Harvey's website selling mannequins began as a sideline nine years ago, so she could supplement the income from her full-time job as a chemist. Since then, however, Dazzling Dummies has been transformed …
Goldman Sachs Hooks Bass Pro With Preferred Bait
Mon, 03 Oct 2016 22:04:49 GMT
[$$] Goldman Hooks Bass Pro With Preferred Bait
Mon, 03 Oct 2016 22:00:57 GMT
[$$] Cabela's/ Bass Pro Shop: Big game hunters
Mon, 03 Oct 2016 17:37:05 GMT
Financial Times – Nothing captures the essence of the Real America like huntin', fishin' – and aggressive financin' from Goldman Sachs. All three came together on Monday in a red, white and blue package as Bass Pro Shops …
[$$] Greek private equity group launches with Goldman and DB backing
Mon, 03 Oct 2016 12:42:15 GMT
Financial Times – A Greek private equity group backed by the buyout arms of Goldman Sachs and Deutsche Bank has launched after months of delay, underlining the slow post-crisis clean-up of Europe's banks. Stage Capital, …
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