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Goldman Sachs Gp Bullish Moving Average Crossover Alert (GS)

By David Diaz

Today, shares of Goldman Sachs Gp (NYSE:GS) have crossed bullishly above their 10-day moving average of $202.58 on a volume of 433K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Goldman Sachs Gp share prices have moved between a 52-week high of $245.08 and a 52-week low of $151.70 and are now trading 34% above that low price at $203.37 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Goldman Sachs Gp on August 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $208.45. Since that call, shares of Goldman Sachs Gp have fallen 4.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses goldman sachs gp

Ticker(s): GS