Goldman Sachs Group Inc. has broken through a line of 303.98 and suggests a possible movement to 318.18 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 32 days.
Related Posts
There is a possibility of a big movement on V after a breach of the resistance
The breakout of V through the resistance line of a Triangle could be a sign of the road…
Supports and resistances are primary concepts of technical analysis. NKE is heading for an important price of 72.8900 – read about what this could mean for the future.
NKE is approaching a support line at 72.8900. If it hits the support line, it may break through…
INTC is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 49 days.
INTC is moving towards a resistance line which it has tested numerous times in the past. We have…