who else is bearish on GS?

[cashmoney69]

http://stockcharts.com/h-sc/ui?s=GS&p=W&b=5&g=0&id=p01360600989

macd histogram is falling (momentum is falling off)
stochastics are overbought
volume is also decreasing..

 

[cashmoney69]

here is another view of gs showing resistance at its 50% mark. Some upside is still possible but there are more reasons to short.

 

[TheAngryHermit]

Yep. Both GS's and BIDU's charts are screaming "short me!" to me.

The only problem is: stocks do the opposite of what I think they should. So that means both have a lot of upside left. LOL

 

[stock777]

im bearish on amateur chart readers

 

[jnbadger]

who else is bearish on GS?

Are you serious?

As evil as they are, I would never short that empire. Not even for the short term.

Who cares what the chart says. At some point commom sense has to come into play.

And as a disclaimer, I have a gamma scalp position on GS right now, and would love for a decline and a pop in IV. But I think it sucks for me right now, as I just don't see it happening.

 

[Random.Capital]

Quote from jnbadger:

As evil as they are, I would never short that empire. Not even for the short term.

That is very sensible. It really is, I'm not being sarcastic.

Which is exactly why I have a long-term GTZ bet on it, and if it doesn't work out, will keep rolling it over until it does.

 

[NoDoji]

I've a GTC offer for GS @ 250.70 with a stop @ 251.00

 

[cashmoney69]

From my last two post little over a month ago, GS had done nothing but trade flat, and still the macd histogram is falling down to 0 line, and stochs and rsi are also near overbought levels. Price is trading sideways on the 200 sma and cant seem to break, on top of that we have a decrease in volume.

I think a drop to 140 is reasonable and not asking too much

http://stockcharts.com/h-sc/ui?s=GS&p=W&b=5&g=0&id=p69591996788

 

[ASusilovic]

Play the range 158-171.00 until they publish their Q2. Until then, I think no huge probability of a sell off.

 

[kaciara]

ME.