Goldman Sachs tries to vent off oversold saturation - Analysis - 17-09-2020

2020-09-17 11:24:21 GMT (Economies.com)
 

Goldman Sachs' stock rose 1.35% in the last session while venting off oversold saturation in the RSI,  while hurt by piercing the upward trend line recently, with negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the first support at 193.67, provided the resistance of 212.12 holds on. 

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1901
0.0007
0.0626%
1.3380
-0.0003
0.0220%
Tadawul
8688.76
21.04
0.24%
23.391
-0.654
2.722%
45.240
2.415
5.639%
48.25
0.39
0.81%
1811.430
-55.080
2.951%
 
 
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