Coureur_de_bois

Long $GS Into Earnings

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NYSE:GS   Goldman Sachs Group, Inc. (The)
$GS really hasn't done much since Aug of last year. Most recently it has been in a falling channel that started in Nov. This changed with volume starting 17 Dec 21 and broke out of the upper bound 3 Jan 21 making three quick higher lows. The bias for this move will be a higher targeting first the last high of $423. Earnings are coming up soon and that should give us some clear direction. If you want to throw in some money for a big play I would go (and am) long into earnings. Otherwise wait until after to find the trend and ride it.
Feragatname

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