There are some stocks that I can never seem to get a handle on and there are others that I can never seem to screw up on. Goldman Sachs is the latter, as shorts and longs have worked well on this thing over the last couple of years.
The daily chart pattern measures to around 240, which does not need to be an end point. As with so many of my positions, interest rates will play a role with the Squid. Unlike Biotech for example, which I also hold, the Financials tend to prefer firm long-term rates. It’s a way to be balanced I guess.
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