Do You Have Balls? Goldman Sachs Is Breaking Down

Quote from ByLoSellHi:

Now that I feel like a jackass for starting this thread, is it possible GS has peaked based on TA?

I'm looking for some spiritual solace here.
More...

are you serious? wait for a double top at least.
 
Quote from ByLoSellHi:

Now that I feel like a jackass for starting this thread, is it possible GS has peaked based on TA?

I'm looking for some spiritual solace here.
More...

Next time check with Rennick before ....

..:p ... rj
 
Quote from ByLoSellHi:

Now that I feel like a jackass for starting this thread, is it possible GS has peaked based on TA?

I'm looking for some spiritual solace here.
More...

The quicker these moves, the harder this thing will fall. Think back to May it spent almost 2 months climbing 20 pts and in two weeks gave it all back. :eek: Easy sell signal would be a gap up open 1-2 pts up here. But a short from 175ish has great odds of being profitable a few days out imo, just short more if it spikes to 180 :D .. but shopping for cheap options is more work.
 
Since their positive earnings release in early September, the stock has formed a sort of half-arch shape and it's rallied off the top of the arch today (10/3). I've often seen stocks rally off of that half-arch shape and, when they do, they seem to rally strongly. I'd look for something else to short right at the moment. GS will pull back eventually but I don't think that's going to happen in the immediate future.

There's probably some technical term for the rally off the half-arch but I don't know what it is. I remember seeing it in AET several years ago.
 
Quote from DeepFried:

Since their positive earnings release in early September, the stock has formed a sort of half-arch shape and it's rallied off the top of the arch today (10/3). I've often seen stocks rally off of that half-arch shape and, when they do, they seem to rally strongly. I'd look for something else to short right at the moment. GS will pull back eventually but I don't think that's going to happen in the immediate future.

There's probably some technical term for the rally off the half-arch but I don't know what it is. I remember seeing it in AET several years ago.
More...

Parabolic curve?
 
You must log in or register to reply here.
Back
Top