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| GS Daily Chart |
I posted last week that the Bollinger Bands would contract quickly and I was looking for a kiss of the 50 day sma. It's working. The stochastic has moved into overbought territory but it is not turned down and I think it can stay overbought for 2 weeks or more. (Just look at Dec/Jan) The close above 166.25 was significant to me. I'm long Mar170 calls and like my position.
