Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $210.00 short put and a strike $205.00 long put offers a potential 9.41% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $205.00 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 69.38 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
Goldman Sachs Revs Up in High-Speed Market It Sought to Reform
Fri, 12 Jun 2015 09:00:00 GMT
Goldman Gets Serious About High-Speed Trading
Fri, 12 Jun 2015 09:00:00 GMT
Abacus and Goldman Sachs acquire 201 Pacific Hwy S
Fri, 12 Jun 2015 05:20:16 GMT
noodls – Microsoft Word – 150603 Acquisition of 201 Pacific Highway with Goldman Sachs ASX ANNOUNCEMENT Abacus and Goldman Sachs to acquire 201 Pacific Highway, St Leonards Abacus Property Group (ASX: ABP) and …
Citigroup, Goldman Help Punters Bet H.K. Stock Rally Won’t End
Fri, 12 Jun 2015 04:51:55 GMT
Libyan factions reach pact to protect Goldman Sachs lawsuit
Thu, 11 Jun 2015 23:34:01 GMT
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