Friday, April 23, 2010

Goldman Sachs technical analysis

Goldman Sachs technical analysis chart: GS has to get above $174 soon, otherwise it will drop to $150. Note if $150 would not hold, GS could drop to $130-125.
$174 is do or die for Goldman, I have a hard time to imagine GS could recover the damage anytime soon. It could cause them to break down to smaller entities.