Thursday, March 5, 2009

GS - The Key Resistance/Support Points

GS is down 1.7% to $84 in the pre-market today very similar what the futures on S&P is saying. So it ain't so bad. The key is anticipating today's moves on GS and possibly over the near future. Here is what the chart says:

Fibonacci Point
$86.6 150%
$77.5 161.8%

Resistance & Supports at,
$88.7
$87.6
$83.3
$82.1
$81.9 (very strong)
$78.5

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