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Monday, August 8, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis 8/8/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for August 08, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 08/08/2011

Resistance levels: $135.70, $132.46, $128.82

Pivot point: $125.58

Support levels: $121.94, $118.70, $115.06

  
Shares of Goldman Sachs Group (GS)  hit new 52 weeks low on Friday with market. Just want to hold $120s.But stock is long term buy here depend on market.Goldman Sachs next major resistance $131 followed by $140. Goldman Sachs is now a strong buy below $130.

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