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Sunday, April 17, 2011

Goldman Sachs Group Inc. GS Stock Analysis April 2011

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for April 18, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 04/18/2011

Resistance levels: $159.27, $157.89, $156.51

Pivot point: $155.57

Support levels: $154.19, $153.25, $151.87

  
Shares of Goldman Sachs Group (GS) are back under $160.Share is trading  under all moving average which is bearish  in technical side.Short term resistance area is $158-$60 which is 9 day moving average.Goldman Sachs does not have any major resistance until $175.50 area need to watch now. Goldman Sachs is now a strong buy below $150. 

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