Goldman Sachs reaches strong resistance - Analysis - 15-10-2021

Economies.com
2021-10-15 12:08PM UTC

Goldman Sachs' stock (GS) rose 1.27% in the last session, testing the important resistance of 393.35, amid negative pressure from the 50-day SMA, with negative signals from the RSI, amid the dominance of the downward correctional short-term wave.

 

Therefore we expect the stock to return lower, targeting support of 372.75, provided the resistance of 393.35 holds on.

 

Expected trend for today: Bearish

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