When I think of the reason for GS to be entering a momentum rally, I can not realistically convince myself. So I do not think it is entering a momentum rally. As such, I will enter GS if it sees the 38 SMA, around 148 or so. Then I think it can push to 156ish.
(I can see it getting a big pop upward with a favorable exit of its proprietary trading arm.)

No comments:
Post a Comment