Monday, May 21, 2012

Goldman Sachs: Master Level To Watch

Goldman Sachs Group, Inc. (NYSE:GS) has major support just below the $150.00 level today at $149.60. There may be a solid bounce off this point and can be utilized as an intra day scalping level to the long side. The financial stocks have been very weak in an otherwise strong market. The daily chart of Goldman Sachs is probably one of the weaker charts in the large cap arena.

Gareth Soloway
InTheMoneyStocks.com



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InTheMoneyStocks.com is a research and consulting company focused on guiding investors, swing traders and day traders to financial success. Their Chief Market Strategists analyze the markets while making calls on everything from stocks to commodities and currencies. Their goal is to not only guide their subscribers but also teach them their proprietary methods leading them to become investing and trading masters.
Nicholas Santiago
Nicholas Santiago


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