>>>ALERT>> GS.. 90.46 Is the 50% retracement next target could be 90.85 if you took this long intraday. I did use a fibonacci and the 20 ma to be sure today as well on the 5 minute Stocks at 90 bucks a share are not my cup of tea usually but this was and will always be a good intraday play (never holding such an expensive piece of merchandise overnight) but I plan my buys (or shorts set ups) one day in advance on watch lists and BEFORE the trading begins. 5 or so new stocks a day to take advantage of new breakouts/breakdowns and set ups that change daily.
Note that the 89.12 support level held in GS, which is why I deemed it a better intraday trade than any hold. OF course we are well in front of the earnings reports of BSC, AGE, LEH, MWD and GS. Plenty of time to milk these pricey behemoths.
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