empty
 
 
08.11.2021 04:00 PM
Is GS stock price preparing a major pull back?

GS stock price has been in a bullish trend since March of 2020. Price is making higher highs and higher lows since then, however over the last few months we observe a warning signal in the weekly chart.

This image is no longer relevant

Green line - support trend line

Blue lines- bearish RSI divergence

Despite making higher highs, the RSI is making lower highs, suggesting that the weekly trend is weakening. This is an important warning signal and if combined with a technical reversal, we could see a major pull back occur. Last week price made a new higher high but the weekly close was at the lowest of last week's range. It is important for bulls to defend the green upward sloping support trend line. Breaking below it will be another sign of weakness. Confirmation of a trend reversal will come if and when price breaks below $372.

Ringkasan
Urgensi
Analitik
Alexandros Yfantis
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback