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.%
1.1908
0.0014
0.1173%
1.3377
-0.0006
0.0445%
Tadawul
8688.76
21.04
0.24%
23.376
-0.669
2.784%
45.600
2.775
6.480%
48.38
0.53
1.11%
1810.605
-55.905
2.995%
 
 
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