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Monday, August 15, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis 8/15/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for August 15, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 08/15/2011

Resistance levels: $125.39, $123.13, $119.80

Pivot point: $117.54

Support levels: $114.21, $111.95, $108.62

  
Shares of Goldman Sachs Group (GS)  hit new 52 weeks low on last week with market. Just want to hold $110s.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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