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.)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLmdtj-Mm-9PiXNNJ9MeUvvXKzzx_T4yYiLSmMzRMGbeig6vpj1Zvfd2-M5xuJSC06RA2lZfedZpr9akWIpgDObTrP-WE24LmjS-3uSkpsVyWk1J3QNtMuUne0Ajny4T3xvv5eNXzxVMU/s400/gs.png)
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