Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 8.23% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 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 42.95 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 Misses Out, Barclays Scores in Cable Deal Outcome
Thu, 13 Feb 2014 19:01:21 GMT
Dow Today: Goldman Sachs Group (GS) Lower
Thu, 13 Feb 2014 18:00:00 GMT
Goldman boss's Valentine's pledge: we will work hard to regain love
Thu, 13 Feb 2014 11:07:46 GMT
BLINKX PLC – BLINKX PRESENTS AT GOLDMAN SACHS TECHNOLOGY AND INTERNET CONFERENCE
Thu, 13 Feb 2014 07:50:38 GMT
noodls – BLINKX PLC – BLINKX PRESENTS AT GOLDMAN SACHS TECHNOLOGY AND INTERNET CONFERENCE 13 Feb 2014 London, England and San Francisco, CA. 13 February 2014 – blinkx plc (LSE AIM: BLNX) announces that CEO, S. …
Goldman Makes 2014 Aussie Bond Debut as Westpac Plans New Issue
Thu, 13 Feb 2014 03:41:48 GMT
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