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.%
1.2136
-0.0037
0.3003%
1.4128
-0.0008
0.0555%
Tadawul
10322.68
86.96
0.85%
27.294
-0.510
1.836%
64.801
-0.591
0.904%
68.32
-0.07
0.10%
1835.075
-9.150
0.496%
 
 
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