Goldman Sachs to Find Elliott Wave Inspiration

A year ago, in March 2018, Goldman Sachs stock climbed to an all time high of over $275 per share. Unfortunately for the trend-followers, the rest of the year was nothing short of disastrous. GS dipped below $152 in December before closing the year at $167.05 for a total annual loss of 35.2%. The stock…

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Rough Times Ahead For Goldman Sachs

2015 has been a rather disappointing year for Goldman Sachs’ (GS) shareholders. The stock climbed to 218.70 in June as if the sky was the limit. However, the bulls ran out of power, which led to a sell-off to 167.45 in September. Now, in the beginning of 2016, it seems that investors are still wondering what…

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Goldman Sachs does not look strong

Regardless of how big of a time frame, five-wave impulses show the direction of the larger trend. On the 15-minute chart of Goldman Sachs (GS) stock we can see a complete 5-3 Elliott Wave cycle, so we should expect another sell-off for wave (3)/C. Furthermore, wave (2)/B seems to have ended exactly at the 61.8%…

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