Goldman Sachs leans on upside trend line - Analysis - 16-08-2019

Goldman Sachs' stock fell in the intraday levels to lean on the upward medium-term trend line, with negative pressure from the 50-day SMA, with negative signals from the RSI, exhausting positive chances to recover. 

Therefore we expect the stock to return higher, provided the support of 193.84 held on, targeting the resistance of 208.20. 

Expected trend for today: Bullish