Goldman Sacks driven lower by negative pattern - Analysis - 21-05-2019

Economies.com
2019-05-21 09:53AM UTC

Goldman Sachs' stock fell 0.10% in the last session, while driven lower by negative pattern that formed in the short term, the Rising Wedge pattern, with negative pressure from the 50-day SMA, while countered by positive signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of 186.34, as long as the resistance of 201.50 holds on. 

 

Expected trend for today: Bearish 

Stocks Technical Analysis

United States Analysis

Stocks

Generac price surrounded with positive pressures - Forecast today - 25-04-2024
2024-04-25 12:18PM UTC
Generac Holdings’ stock price (GNRC) kept rising in the intraday levels, amid the dominance ...
United States Analysis

Stocks

Comcast price gives in to negative pressures - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Comcast’s stock price (CMCSA) fell in the intraday levels, amid the dominance of the downward ...
United States Analysis

Stocks

Moderna price readies to tackle pivotal resistance - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Moderna’s stock price (MRNA) rose in the intraday levels, while tackling the pivotal ...