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Monday, October 3, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis - 10/3/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for October 3, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 10/3/2011

Resistance levels: $101.16, $99.78, $97.16

Pivot point: $95.78

Support levels: $93.16, $91.78, $89.16

  
Shares of Goldman Sachs Group (GS) hit new 52 weeks low 2 weeks ago which is under $91s.Just need to hold $91.But stock is long term buy here depend on market.Goldman Sachs next major resistance $100 followed by $1110. Goldman Sachs is now a strong buy below $100 any market correction but stock could see low $80s in coming days.

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