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Monday, October 24, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis - 10/24/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for October 24, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 10/24/2011

Resistance levels: $105.70, $104.38, $103.23

Pivot point: $101.91

Support levels: $100.76, $99.44, $98.29

  
Shares of Goldman Sachs Group (GS) is trading over $100 on Friday.But stock is long term buy here depend on market.Goldman Sachs next major resistance $105 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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