Although we shouldn’t get our hopes too high, technical evidence presented in today’s tout for Goldman Sachs suggests that the stock could be on its way to oblivion. A further fall of $31 from current levels seems plausible in any case, so let’s stay on top of the stock for now, the better to leverage the move.
Comments on this entry are closed.
Rick, how are you defining “intermediate term” (1mos/2/3) when referring to the potential violation of the hidden pivot @ $97.28 on Goldman Sachs leading to (potentially) an “intermediate term” decline to $63.09?