GS is currently moving inside a well-defined ascending channel and has once again reached the upper half of the channel, a key decision zone that will determine the next major move.
• Overall trend: Bullish
• Structure: Ascending channel + dynamic support from the 50-day SMA
• Current status: Testing the upper boundary — potential breakout or pullback zone
Bullish Scenario (more likely if it holds above resistance)
If GS can break and hold above 840, it signals a clean breakout from the channel top and opens the door for a fresh upward rally.
Bullish Targets
• Target 1: 865
• Target 2: 895
• Target 3 (strong breakout): 920
Confirmation
• Daily close above 840
• Rising volume on the breakout
Bearish Scenario (rejection from channel resistance)
If GS fails to break above the channel and gets rejected, a pullback toward the mid-range or bottom of the channel is natural.
Bearish / Correction Targets
• Target 1: 815
• Target 2: 800
• Target 3 (channel bottom): 785
Stop-Loss Levels
Depending on trading style:
• Safer stop-loss for long positions: Below 815
• Aggressive stop-loss: Below 828
(A breakdown below these levels indicates short-term structure failure.)
Quick Fundamental Note
• Recent earnings have shown strong growth, especially in investment banking and asset management.
• Operating expenses are controlled and profit margins improving.
• Market conditions and increased capital markets activity favor GS.
These fundamentals support the bullish technical bias.
• Overall trend: Bullish
• Structure: Ascending channel + dynamic support from the 50-day SMA
• Current status: Testing the upper boundary — potential breakout or pullback zone
Bullish Scenario (more likely if it holds above resistance)
If GS can break and hold above 840, it signals a clean breakout from the channel top and opens the door for a fresh upward rally.
Bullish Targets
• Target 1: 865
• Target 2: 895
• Target 3 (strong breakout): 920
Confirmation
• Daily close above 840
• Rising volume on the breakout
Bearish Scenario (rejection from channel resistance)
If GS fails to break above the channel and gets rejected, a pullback toward the mid-range or bottom of the channel is natural.
Bearish / Correction Targets
• Target 1: 815
• Target 2: 800
• Target 3 (channel bottom): 785
Stop-Loss Levels
Depending on trading style:
• Safer stop-loss for long positions: Below 815
• Aggressive stop-loss: Below 828
(A breakdown below these levels indicates short-term structure failure.)
Quick Fundamental Note
• Recent earnings have shown strong growth, especially in investment banking and asset management.
• Operating expenses are controlled and profit margins improving.
• Market conditions and increased capital markets activity favor GS.
These fundamentals support the bullish technical bias.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.