Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 8.46% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $9.22 would be incurred if the stock dropped below the $145.00 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 46.39 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
Delamaide: CEO pay shows bank boards need change
Wed, 19 Feb 2014 00:13:22 GMT
MetLife to quit market with sale to Rothesay
Tue, 18 Feb 2014 22:37:18 GMT
Financial Times – Another UK corporate pensions insurer is to quit the market after MetLife agreed to sell its bulk annuity business to Goldman Sachs-backed Rothesay Life. The US insurer has disposed of the division, which …
Dow Today: Goldman Sachs Group (GS) Higher
Tue, 18 Feb 2014 19:00:00 GMT
Biggest Puerto Rico Owners See Rally After New Deal: Muni Credit
Tue, 18 Feb 2014 17:20:54 GMT
Tyson Makes Play for Goldman Sachs’ Michael Foods
Tue, 18 Feb 2014 16:39:00 GMT
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