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Chart of the Day: Will Goldman Sachs Get Going?

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February 16, 2024

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Goldman Sachs has gone nowhere for two months, but some traders may look for that to change.

The first pattern on today’s chart is the $374 level. It was a weekly closing price from January 2023 that GS remained below through late December. The stock rallied above it at the end of last year and has remained there since. That could suggest …

For more, please click here to view the related idea and chart analysis on TradingView.

Goldman Sachs (GS), *daily chart, with selected patterns and indicators, courtesy of TradingView*.

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Chart of the Day: Will Goldman Sachs Get Going?

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