Goldman Sacks driven lower by negative pattern - Analysis - 21-05-2019

Economies.com
2019-05-21 09:53AM UTC

Goldman Sachs' stock fell 0.10% in the last session, while driven lower by negative pattern that formed in the short term, the Rising Wedge pattern, with negative pressure from the 50-day SMA, while countered by positive signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of 186.34, as long as the resistance of 201.50 holds on. 

 

Expected trend for today: Bearish 

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