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Marubozu

May 31, 2010.

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Monday, November 23, 2009

Goldman Sachs - Going to complete Right Shoulder!

GS appears close to complete the forming of right shoulder. The stock is unable to break the uptrend support turned resistance line & its 50D MA. If GS breaks the neckline, the stock may be sent down to $144.
Other Technical Indicators (MACD, Parabolic SAR, RSI, Stochastic, Bollinger Band) start to show bearish convergence.


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