Goldman Sachs tries to recoup some losses - Analysis - 04-10-2021

Economies.com
2021-10-04 11:40AM UTC

Goldman Sachs' stock (GS) rose 0.52% in the last session while recouping some losses, amid the dominance of the downward correctional short-term wave, while hurt recently by piercing the upward trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect the stock to decline and target the pivotal support of 350.00, provided the resistance of 393.35 holds on.

 

Expected trend for today: Bearish

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