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Goldman Sacshs at resistance


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#1 kaiser soze

kaiser soze

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Posted 02 August 2007 - 07:41 AM

Right at March lows and last week's lows which are now resistance. Also ADX at 40 indicates very strong trend and hasn't turned down yet.

Today's action in the stock should therefore be very interesting.

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Eyeballing the GS chart, if it breaks through that resistance, next target ought to be 200.

200 on GS is the site of a high volume bar on Mar 13th and round number resistance as well.