Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Goldman Sachs' stock (GS) fell 2.53% in the last session on profit-taking, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.
Therefore we expect the stock to return higher, targeting the resistance of 355.00, provided the current resistance of 333.00 was breached.
Expected trend for today: Likely Bullish