How to cash in on Goldman's sell off
"How to cash in on Goldman's sell off"
in the news How to cash in on Goldman's sell off? What this all about..... See below.
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Sentiment Trader shows a chart we normally do not show on our BLOG here. [ Our PREMIUM MEMBERS HERE ] usually get access to our DAILY updates.
But we thought we would share some analysis with our readers this week.
After we warned of a DROP coming on GOLDMAN SACHS, that did actually arrive. You might have a bit of success looking out to the JULY Expiration, as there is a very important and major event around the earnings soon. So we are keeping a watch on that. The chart here is clearly showing us that this could be classic head and shoulders pattern on the chart! With the right shoulder forming as you read this post......
As a side note, this is one of the worst performing stocks on the DOW, so that is why goldman sachs has grabbed our attention. And that could mean there is more downside coming very soon. When you look at the price action above in the nice chart we have drawn, the signs are starting to look ominous we think.
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