Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 7.41% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $9.31 would be incurred if the stock dropped below the $155.00 long put 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 up which suggests that the medium-term momentum for Goldman Sachs is bullish.
The RSI indicator is at 41.25 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
NYC’s Next Hot Neighborhoods Beckon With Property Funds
Fri, 15 Aug 2014 04:01:02 GMT
Bloomberg – New York ‘s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the …
Goldman invites Wall St to chat for $5m
Thu, 14 Aug 2014 17:29:31 GMT
Financial Times – Goldman Sachs has asked financial companies across Wall Street to invest $5m-$6m each to create a new online chat service, as an alternative to Bloomberg LP's instant messaging. The Financial Timesreported …
Berkshire Hathaway Shares Top $200,000, Buffett Worth Nearly $66B
Thu, 14 Aug 2014 17:22:00 GMT
Goldman Sachs Said to Hire EU Bank Specialist From U.K. Treasury
Thu, 14 Aug 2014 16:05:14 GMT
General Electric Said to be Considering Sale of Appliance Business
Thu, 14 Aug 2014 15:54:30 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook