GS – Goldman Sachs (Last:108.12)

Goldman Sachs (GS) price chart with targetsStay tuned if you’re as keen to short this brick as I am.  We are taking a patient approach — and a good thing, too, since the merciless squeeze that Goldman’s deft handlers have applied to the scrota of bears is starting to produce some real pain.  Indeed, yesterday’s opening-bar spike refreshed the bullish impulsiveness of the 120-minute chart. It also furthered the prospect of our getting long while we wait for the stock to make a targeted top suitable for shorting aggressively.  Want to join us for the ride?  Click here for a free trial subscription to Rick’s Picks.