Browse Symbol Stacks: GS: content.screencast.com/use...b9/GS7213.gif

content.screencast.com/use...b9/GS7213.gif

GS Daily Chart 

Goldman is ready to plunge. Couldn't happen to a nicer group of guys. 

Notice Goldman went on to make new highs in June, but fell hard in the late June selloff, breaking down out of its 2 year rising wedge. It has since backtested the breakdown, fallen back, and it perched to test the gravity below.

Comments

daButcherdaButcher
you draw messy lines.....;) 7/2/13
Billy RayBilly Ray
Not trying to go all Rosa on ya,but if you draw the lower trend line off the re-test low end of July 2012, you could argue it's still in the channel, no? 7/2/13
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