GS Distribution, Next Stop $200

Posted by Blain Reinkensmeyer
January 3, 2008 at 6:00 am

Easy to see trendline of lower highs for Goldman Sachs, GS stock.

The stock closed down today $7.45 to $207.60 on distribution volume (though it was below average volume).

gs-010208.pngClick to view, click again to zoom

Based on this move today the stock’s next stop should be revisiting $200.

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2008-01-04 00:02:38

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