Goldman Sachs seeks a bottom to bolster it - Analysis - 29-03-2021

2021-03-29 11:54:41 GMT (Economies.com)
 

Goldman Sachs' stock (GS) returned lower with a 0.96% loss in the last session while seeking a bottom to bolster it higher anew, as it leaned on the main upward trend line in the short term, with positive pressure from the 50-day SMA, coupled with positive divergence in the RSI after reaching oversold levels compared to the stock's movements. 

 

Therefore we expect more gains for the stock, targeting the resistance of 355.75. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.2137
-0.0036
0.2937%
1.4123
-0.0013
0.0951%
Tadawul
10322.68
86.96
0.85%
27.488
-0.317
1.138%
65.420
0.028
0.043%
68.55
0.41
0.60%
1833.785
-10.440
0.566%
 
 
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