July 4, 2012

GOLDMAN Sachs Bullish price action

  • Goldman Sachs has given a breakout from a Bullish W or a double bottom pattern.
  • Its also a range breakout.
  • The resistance for this pattern is the 50 Day SMA. If price closes above 50 SMA it should hit 200 SMA or the GAP between 104 - 106 level.

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