Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $175.00 short put and a strike $170.00 long put offers a potential 7.76% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $170.00 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 above 80 which suggests that the stock is in overbought territory.
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
FMC to Acquire Danish Insecticide Maker for $1.4 Billion
Mon, 08 Sep 2014 09:59:50 GMT
Goldman Sachs Sees Interest in Small Cap Stocks
Mon, 08 Sep 2014 09:38:48 GMT
Goldman's Top Asia ex-Japan Picks Are…
Mon, 08 Sep 2014 08:21:00 GMT
Goldman Sukuk Lures Mideast’s Top Fund Manager Mashreq
Mon, 08 Sep 2014 06:32:01 GMT
Goldman raises Nifty target to 9,000 for Sept 2015
Mon, 08 Sep 2014 04:41:03 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook