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 7.87% return on risk over the next 25 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 $0.73 would be kept by the premium seller. The risk of $9.27 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 77.87 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
Holding(s) in Company
Mon, 24 Oct 2016 09:21:05 GMT
noodls – —————–The Goldman Sachs Group, Inc.; 25,975,784 shares; 4.13% Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.) Goldman Sachs Group UK Limited (Controlled by Goldman Sachs …
Exclusive: Goldman Sachs' Latam investment bank chief to leave – source
Sat, 22 Oct 2016 22:37:23 GMT
Goldman Sachs' Latam investment bank chief to leave-source
Sat, 22 Oct 2016 22:36:18 GMT
IT Cosmetics™ Co-Founders Jamie Kern Lima and Paulo Lima Honored by Goldman Sachs for Entrepreneurship
Fri, 21 Oct 2016 21:03:00 GMT
PR Newswire – JERSEY CITY, N.J., Oct. 21, 2016 /PRNewswire/ — Goldman Sachs (GS) is recognizing IT Cosmetics™ Co-Founders Jamie Kern Lima and Paulo Lima as two of the 100 Most Intriguing Entrepreneurs of 2016 at its Builders + Innovators Summit in Santa Barbara, California. Goldman Sachs selected Jamie Kern Lima and Paulo Lima as two of the 100 entrepreneurs from multiple industries to be honored at the two-day event for their leadership, commitment to customers and excellence, and their vision of recognizing the marketplace was void of skin-loving, problem-solving beauty products that truly work and help women look and feel their most beautiful.
S&P, Dow close around breakeven as dollar hits 7-month high; stocks post weekly gains
Fri, 21 Oct 2016 20:25:38 GMT
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