The negative trend, and lifeless lingering, of the last two months looks to be breaking.Its no surprise that I have been bullish on the name. Now that FinReg is completed and certainty creeping into the minds of traders, the set up may lead GS to test the high 150s.
I will look to sell around 156, as per the weekly, this is the first SMA resistance.
(Although, if feeling very aggressive, the upper range of 170ish is a possibility.)
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