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Sunday, October 16, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis - 10/16/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for October 17, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 10/17/2011

Resistance levels: $101.35, $99.59, $98.16

Pivot point: $96.40

Support levels: $94.97, $93.21, $91.78

  
Shares of Goldman Sachs Group (GS) is trading 90s last few weeks.But stock is long term buy here depend on market.Goldman Sachs next major resistance $100 followed by $110. 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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