GS Distribution, Next Stop $200

Blain Reinkensmeyer
Posted on Thu 3rd Jan, 2008 06:00:00 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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