Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $175.00 short call and a strike $180.00 long call offers a potential 34.77% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $1.29 would be kept by the premium seller. The risk of $3.71 would be incurred if the stock rose above the $180.00 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 27.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Goldman Sachs to replace Visa as Dow’s top dog
Fri, 30 Jan 2015 17:59:48 GMT
MOVES-DMS Offshore appoints former Goldman executive as a director
Fri, 30 Jan 2015 16:04:28 GMT
[$$] Spotify Seeks to Raise About $500 Million
Fri, 30 Jan 2015 05:41:31 GMT
The Wall Street Journal – Music streaming service Spotify is working with Goldman Sachs on a new round of private fundraising, potentially putting off an initial public offering for another year.
Spotify expresses interest to raise $500 million: WSJ
Thu, 29 Jan 2015 23:49:17 GMT
Spotify expresses interest to raise $500 million: WSJ
Thu, 29 Jan 2015 23:49:17 GMT
Reuters – Spotify is talking with investors who are known to buy into companies before a IPO, including mutual fund T. Rowe Price Group, the report said, citing people familiar with the matter. The company was founded in 2006 by Daniel Ek and Martin Lorentzon. Representatives at Goldman Sachs and T. Rowe Price declined to comment.
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