Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
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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