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Monday, October 10, 2011

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

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

Resistance levels: $102.51, $100.29, $96.49

Pivot point: $94.27

Support levels: $90.47, $88.25, $84.45

  
Shares of Goldman Sachs Group (GS) hit new 52 weeks low 2 weeks ago which is $84.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 $90 any market correction but stock could see low $80s in coming days which will be good buying opportunity.

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