Replies to post #233396 on $Pistol Pete$, $Mick$ & Friends Stock Picks /news,

[mick]

GS (Goldman Sachs -- $354.40, -5.52)

EARNINGS: 07/14/2021

STATUS: We saw a very nice test of the early May breakout from a nicely formed seven-week cup-with-handle base. Then, GS had a nice rally from February to mid-March, allowing the cup-with-handle pattern to consolidate.

After a breakout last week, and a test back to the top of the base this week, the stock is holding at just over the 20-day EMA. While we might want to test a bit more, we also want to be ready to move in as GS turns back upside. A rally to the target will give us a 60% gain in the options.

Volume: 3.31M Avg Volume: 3.009M

ENTRY POINT: $360.01 Volume=4.2M Target=$379.98 Stop=$353.34