By | August 13, 2017

Goldman Sachs is an American multinational finance company  which has almost 7 points  weightage in DOW JONES 30 index.Last week the stock opened at 229.80 and immediately went higher to register the weeks high of 235.83 and the sellers came in and the stock breaks to the weeks low  continuously and registers week low as 222.65 and closed the week near the week at 224.                                 Goldman Sachs is in strong uptrend for long term  but short term it is in confusing trend if Global uncertainty settles down it may be the best stock to own.It is creating a large cup and handle pattern if breaks out 260 stock may go to 550.

For coming week 220 to 222 is the strong support zone if the support zone breaks stock may go to the levels of 216 to 217 if the support holds stock may go above 230 and 236.

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