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Monday, July 16, 2012

Goldman Sachs Group Inc. (GS) Stock Analysis July 16, 2012

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for July 16, 2012 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 7/16/2012

Resistance levels: $101.65, $99.75, $98.59


Pivot point: $96.69

Support levels: $95.53, $93.63, $92.47

  
Shares of Goldman Sachs Group (GS) closed at $97.43 on Friday. But stock is long term buy here depend on market. Short term resistance area is $100.Goldman Sachs next major resistance $110 followed by $116. Goldman Sachs is now a strong buy below $90 any market correction which will be good buying opportunity.

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