Goldman Sachs shares in focus
Thursday, September 20, 2007
Goldman Sachs shares are in focus today after early in the morning reported a net revenue of $12.33 billion and net earnings of $2.85 billion for its third quarter ended August 31, 2007. Company said diluted earnings per common share were $6.13 compared with $3.26 for the third quarter of 2006 and $4.93 for the second quarter of 2007, so let's see the close of stock after this announcement. Stock is falling just 0.50% at this moment, however stock have opened higher but immediately lost momentum and is now trading below the flat line. Looking at the daily chart it looks like GS have found some resistance to breakout $212. After recent rally stock finally stopped to regain some strengthe, I suppose. A Pull back at this moment is good for stock, however pay attentio to the following keu points. Resistance: $212 and Support : $200.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Labels: GS
