Goldman Sachs stock had been consolidating since January but in the previous week, the price successfully surpassed the 210 resistance and the 50.0% Fibonacci retracement level of the downleg from 275 to 151.50 near 213.23, violating the range area to the upside. The sideway move held within 180.60 and 210 levels. The MACD is picking up speed in positive territory, suggesting a bullish bias for the short term. However, in the very short-term, downside corrections cannot be ruled out as the RSI is currently increasing positive [..]
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