GS has had a nice 6 months but a couple of weeks ago it reached the upper blue line of its eight year recovery channel at the same time it reached the upper line of its ten year black channel.
click on image to enlarge
GS broke through both channel lines briefly but is currently back down inside. Investors are hoping its four year red ascension channel will continue to be the dominant channel and take it above the other two channels. We will have to see.
Trade well my friends
Alan
