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Tuesday, July 5, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis 7/5/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for July 05, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 07/05/2011

Resistance levels: $141.51, $139.11, $137.88

Pivot point: $135.48

Support levels: $134.25, $131.85, $130.62

  
Shares of Goldman Sachs Group (GS) are under $140 because whole financial stock is remain weak but stock rebound under $130.Look like GS found some support near $130 area.Goldman Sachs does not have any major resistance until $140 which 50 day moving average. Goldman Sachs is now a strong buy below $130.

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