GS – Goldman Sachs (Last:137.78)

Goldman Sachs (GS) price chart with targetsLonger-term charts suggest Goldman will grope its way down to at least 115.61 this summer, but it’s too early to tell whether a lesser but even nastier pattern in gestation at this moment will wreak the maximum damage of which it is capable — i.e., a pounding down to 94.19.  It’s shown in the accompanying chart, and the uncertainty yet remaining concerns whether there is a pop yet to come that will invalidate the existing point ‘C’.