TRADING TIPS

GS New Price Targets

Hubert Senters here. Let’s take a look at the markets. Now, we’re going to dial into Goldman Sachs. The old adage on Wall Street is so goes Goldman so goes the rest of the market. That’s not always true all of the time. But it is a good reference points. Let’s take a look and see what Goldman Sachs has to do with it. They’re above the turning line, the standard line and the cloud. They did have a nice little selloff. But overall it acts like it wants to go higher. So let’s see if we can figure out a target on this. This is going to be fairly easy to do. We’re going to grab the Fibonacci Price Extensions. We’re going to go from this low to that high to this higher low. That’s going to give us a potential target of $375, $389, $403 and $411. Trade Thirsty is hosting a multi-speaker event this weekend. It’s going to be May 15th at 9AM. Here are your speakers. I’m going to scroll through them quickly. I’m going to lead you over to the page so that you can go and register and pick which speaker you want to listen to. Good luck. Hope it helps. Have a great weekend. See you on the next video. Hubert.  

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