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Goldman Sachs Gp (GS) Crosses Pivot Point Resistance at $260.14

By Amy Schwartz

Shares of Goldman Sachs Gp (NYSE:GS) have bullishly opened above the pivot of $258.40 today and have reached the first resistance level of $260.14. Analysts will be watching for a cross of the next upside pivot targets of $262.40 and $266.40.

In the past 52 weeks, shares of Goldman Sachs Gp have traded between the current low of $0.00 and a high of $275.31 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 0.8%.

Goldman Sachs Gp (NYSE:GS) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $268.05. The stock should run into initial resistance at its 50-day moving average (MA) of $156.96 and subsequent resistance at its 200-day MA of $174.77.

SmarTrend is tracking the current trend status for Goldman Sachs Gp and will alert subscribers who have GS in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts goldman sachs gp

Ticker(s): GS