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I will be using this site to post charts and info on stocks that I want to keep an eye on. This blog will be used as a personal reminder of all the stocks I'm watching.

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Keep watching the charts for breakouts... Updated regularly with the best looking charts I can find.

Wednesday, December 30, 2009

GS: looking ripe

$GS is looking like it might break out of its range here:






There has been divergence with the MACD lately and it is breaking out of the range with some extra volume... This is similar to when it made its first run at 200 on Sept 8th.


I expect a nice run up to earnings announcement on Jan. 21st.

2 comments:

Ryan said...

Wow... There's the breakout! 173.80 and running into earnings.

Ryan said...

If you got into GS for a trade, a good stop loss at this point is the 174 area, right below where it is now (look at the 10 day, 10 minute chart and you'll see the line in the sand).

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