As you can see in the accompanying chart, Goldman was just marking time yesterday, presumably setting the hook for any bears who may have taken comfort in the stock’s laggardliness. Not a single prior low was breached by the $4 selloff, and the stock went bounding into the close. Concerning the 151.24 rally target mentioned in today’s commentary, the slightly adjusted, correct target is 150.72 I’ve included a chart that shows its provenance for anyone needing to be convinced. The Hidden Pivot midpoint of the pattern is 142.32 so any pullback to that price today or tomorrow should be viewed as a buying opportunity. Incidentally, if Goldman makes short work of 151.24, it would become a good bet to run an additional 5 points to 156.05, the target of a larger pattern. _______ UPDATE (12:15 p.m.): Down $2 so far at its lows, Goldman could have been bought this morning at the 142.32 pivot with a stop-loss as tight as 142.25 (the actual low was 142.26). If you did so, the subsequent bounce to 143.10 should have been used to take partial profits and/or implement a trailing stop. I’d suggest holding at least a token long from this point forward and swinging for the fence.