GS – Goldman Sachs (Last:154.12)

Goldman has overshot a 153.13 correction target on the daily chart, so we should assume it will fall at least to the 149.95  target of a minor extension of the pattern. The target is somewhat interesting because the relevant point ‘C’ (see chart) occurred in night trading above the regular-session high. I wouldn’t rate the support as a high-confidence number to bottom-fish, but it’s worth a shot if you can abide a penny-ante stop-loss. _______ UPDATE: The stock bottomed at 148.27, presumably shaking out any longs from 149.95.