Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $237.50 short call and a strike $242.50 long call offers a potential 40.06% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $237.50 by expiration. The full premium credit of $1.43 would be kept by the premium seller. The risk of $3.57 would be incurred if the stock rose above the $242.50 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 36.85 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
[$$] Gary Cohn’s Goldman Exit Tops $100 Million
Wed, 25 Jan 2017 05:43:25 GMT
Goldman Sachs Working on Sale of Toshiba’s Chip Business
Wed, 25 Jan 2017 03:22:24 GMT
[$$] Cohn to receive exit package of at least $100m from Goldman Sachs
Wed, 25 Jan 2017 02:26:44 GMT
Financial Times – Goldman Sachs is paying an exit package worth at least $100m to Gary Cohn, its former president and chief operating officer, as he leaves the Wall Street bank to become Donald Trump's top adviser on the …
[$$] Gary Cohn's Goldman Exit Tops $100 Million
Wed, 25 Jan 2017 00:36:11 GMT
Drugmakers Plan Huge Deals in 2017 — and Banks Will Collect Big Fees
Tue, 24 Jan 2017 22:32:00 GMT
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