Goldman Sachs (GS): Caution Above $180

April 1, 2008 9:40 PM

We should have looked more at Goldman, being a lead financial. It is a long above $140.27 and now a modest long above $162.85. You have to be very careful up much higher here as it would have to clear $184.52 to be long in that range. In addition, the months long downtrend is not much further up. i am not a fan of trendlines, as i have mentioned MANY times….just need to know it is there….

Written by · Filed Under GS