Goldman Sachs GS american stock buy opportunities after reaching monthly demand level around 157. This monthly demand imbalance has gained control after a strong drop for a few months.
New weekly demand level is being create at $178 as a reaction to monthly demand level, shorts are not allowed on this stock. Long term long bias with bigger picture uptrend on all bigger timeframes. Very strong reaction on the monthly off that M demand level.
We don’t really care what the fundamentals are saying about this american stock, we don’t care if BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the event of a no-deal Brexit, two sources told Reuters. Or if neither of the firms, who together employ more than 10,000 people in London, expects a chaotic exit that would force them to carry out the emergency relocation, the sources said.
Goldman’s asset management business GSAM, with 50 managers in London, has plans to send “a handful” to the U.S. financial capital until a framework is in place, the second source said, adding they too would eventually relocate to the euro zone.
Goldman Sachs has reached a bigger timeframe demand level, it’s time to buy with a clear long term long bias, no need to pay attention to what the fundamentals are saying. Buy opportunities being created on weekly and daily imbalances on Goldman Sachs NYSE american stocks.
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