Saturday, April 19, 2008

Buying Goldman?

GS finally reclaimed its downward trend-line on Friday. Closing above $180 is the line in the sand for now before making a push for the 200EMA at $192.75. All of the shorter time frame charts (from the 1-min. to the 60-min) are suggesting more upside via pennant/triangle formations. We shall see.

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