GS – Goldman Sachs (Last:94.43)

Goldman Sachs (GS) price chart with targetsPerhaps my “hula number” below $30 will be realized after all?  At the moment, Goldman is fighting to stay above a 97.28 Hidden Pivot midpoint whose destruction would imply further slippage to as low as…the zero axis!  Now, I’m not saying the company is about to drop dead — only that, from a technical standpoint, the stock’s oscillations around the 97.28 midpoint these last few weeks corroborates the potentially fatally bearish coordinates shown in the chart.  It would be nice to think the company everyone loves to hate is indeed in a death dive, but we’ll await further evidence in the form of further progress toward an intermediate-term target at 63.09.