Goldman Sachs Group Inc. has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 20 days and suggests a target line to be around 169.63 within the next 3 days.
Related Posts
BRK.B heading towards a price it has tested 4 times in the recent past.
The movement of BRK.B towards 492.6200 price line is yet another test of the line it reached numerous…
A possible move on V as it heads towards support
The movement of V towards the support line of a Channel Up is yet another test of the…
If you’re long AMD you should be aware of the rapidly approaching level of 114.2000
AMD is approaching a support line at 114.2000. If it hits the support line, it may break through…