GS has broken down from a rising trend by 5% with increased volume.
The price has reached a green cloud in the Ichimoku indicator, but the last candlestick closes above the cloud. RSI21 is trending downward. To find proper support, one must look down around 670.
The banking sector can be somewhat cyclical, and I have often seen head-and-shoulder formations in GS.
Fundamental analysts are generally positive about the stock, but most have it rated as a hold.
I have held the stock for a long time and now choose to secure my profit. I have a currency account and transfer the funds to EUR for later reinvestment. I wish to reduce my exposure to USD.
Many central banks are selling U.S. government bonds as well as USD and are buying gold. Confidence in the USD has weakened.
Remember, you must do your own research and assessment before buying or selling.
The price has reached a green cloud in the Ichimoku indicator, but the last candlestick closes above the cloud. RSI21 is trending downward. To find proper support, one must look down around 670.
The banking sector can be somewhat cyclical, and I have often seen head-and-shoulder formations in GS.
Fundamental analysts are generally positive about the stock, but most have it rated as a hold.
I have held the stock for a long time and now choose to secure my profit. I have a currency account and transfer the funds to EUR for later reinvestment. I wish to reduce my exposure to USD.
Many central banks are selling U.S. government bonds as well as USD and are buying gold. Confidence in the USD has weakened.
Remember, you must do your own research and assessment before buying or selling.
ملاحظة
GS is still in a modest upward trend. That could perhaps have been anticipated. I sold my position, but that’s okay — it had become quite large. If I want to join the trend again, I can re-enter with a smaller position.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.