Expect retracement to be tested in due course of time. 200 weeks average to be tested. along when RSI hits the oversold zone for new trend to emerge. retracement 278 and 243 may try to find support along with 200 weeks average. Oversold of every time frame like daily, weekly, monthly or quarterly. always the best entry opportunities whenever is happens for...
A consecutive 8 month positive closing. Nearly a 200% jump from Mar 20 low. Now its giving signs of exhaustion. My calculation show 320 within 6 months .
GOLDMAN SACHS MONTHLY WAVE ANALYSIS.THE STOCK IS IN THE MONTHLY LEADING DIAGONAL IN WHICH WAVE4 IS COMPLETED AROUND 132 AND WAVE 5 BEGAN FOR THE TARGET OF 285-300 PRICE ZONE.
Look for a shorting opportunity in GS. If below support line is broken, big down side is seen. Keep a close eye in the next few days.