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Thread: Trade Idea - Goldman Sachs

  1. Default Trade Idea - Goldman Sachs

    After the spectacular surge in November, the stock has traded in a narrow converging triangular range for about 3 weeks.

  2. Default

    Given its past behavior, the quiet move in this stock is not likely to continue, it could be up or down. There is a strong support level at the $67-$68 range. A breach of this range would lead to a sharp decline. For the moment, only a close above $74 would impart a positive trend.

  3. Default

    Existing holders may remain invested with a stop loss at $67.28.

  4. Default

    Goldman Sachs and Morgan Stanley reports earnings next week.

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