Goldman Sachs breaches trend line - Analysis - 21-09-2021

Economies.com
2021-09-21 12:01PM UTC

Goldman Sachs' stock (GS) fell 3.41% in the last session, piercing the main upward medium-term trend line, while trespassing the 50-day SMA support, doubling negative pressure on the stock.

 

Therefore we expect more losses for the stock, targeting the pivotal support of 350.00, provided the resistance of 393.25 holds on.

 

Expected trend for today: Bearish 

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