Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $170.00 short call and a strike $180.00 long call offers a potential 13.25% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $170.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $8.83 would be incurred if the stock rose above the $180.00 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 below 20 which suggests that the stock is in oversold 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
U.S. cities criticize treatment of munis in bank liquidity plan
Fri, 31 Jan 2014 22:50:07 GMT
GOLDMAN SACHS GROUP INC Files SEC form 8-K, Financial Statements and Exhibits
Fri, 31 Jan 2014 21:30:50 GMT
Let's put this silly Fed tapering discussion to bed
Fri, 31 Jan 2014 21:30:00 GMT
GE hires bankers for credit card IPO -Financial Times
Fri, 31 Jan 2014 20:26:06 GMT
Why are the Danes so angry with Goldman Sachs?
Fri, 31 Jan 2014 20:12:00 GMT
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