20.08.2014 - Goldman Sachs continues to grow steadily

Goldman Sachs's share price continues to grow within the local rising channel. After a rebound from the bottom of the channel, the price has overcome the strong level of 170.70, and in the near future probably will reach a point of the nearest local maximum near 176.80. We recommend holding long positions with the targets 176.80 and 180.00. Stop should be set below 168.00. We are forecasting continued growth of the share price in the medium term.

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