Goldman Sachs tries to vent off oversold saturation - Analysis - 17-09-2020

Goldman Sachs' stock rose 1.35% in the last session while venting off oversold saturation in the RSI,  while hurt by piercing the upward trend line recently, with negative pressure from the 50-day SMA.

Therefore we expect the stock to return lower, targeting the first support at 193.67, provided the resistance of 212.12 holds on. 

Expected trend for today: Bearish