CrookedTREE_FINTECH

GS breakout and bullish structure

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NYSE:GS   Goldman Sachs Group, Inc. (The)
GS breaks out of a flag, with a gap, and heavy amount of Doji's on the the Heikin Ashi signal that market consolidates on GS. Also, Snap and Micron breakout helped bolster bullish market sentiment for GS. MACD shows consolidation after GS most recent earnings. Heavy consolidation right below 61% fib line and more institutional investors consolidated at 50% shown by the gap to the upside. Not overbought or oversold even after Bollinger band constricted heavily in march. Possibly less volatile for GS ahead after flag breakout. (XLF-orange and KEY-Blue are used for comparison) Bullish structure formed after GS broke out of flag.
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