Nov 13. GS technicals

Note: this is not a recommendation.  Just a test of technical analysis for pleasure.  Goldman has broken through a neckline on a head and shoulder formation on the heaviest volume of the year.  Technically should target 175 to 180 at minimum.  The 50% retracement from the low of 2016 to the high of 2018 is 207.  We’re now below that level.

 

Posted on November 13, 2018 at 11:38 am by alexmanzara · Permalink
In: Eurodollar Options

Leave a Reply