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Monday, May 16, 2011

Goldman Sachs Group Inc. (GS) Stock Analysis 5/16/11

The following is technical analysis on Goldman Sachs Group Inc (GS)  stock for May 16, 2011 
 
Goldman Sachs Group Inc GS  Resistance, pivot & Support Levels - 05/16/2011

Resistance levels: $145.79, $144.34, $142.90

Pivot point: $141.07

Support levels: $139.63, $137.80, $136.36

  
Shares of Goldman Sachs Group (GS) Shares of Goldman Sachs Group (GS) are under $140 on Friday which good buying opportunity.Goldman Sachs does not have any major resistance until $153 followed by $160 area need to watch now. For long term Goldman Sachs is now a strong buy below $150.

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