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Chart of the Day – Goldman Sachs (GS)

Goldman Sachs is bouncing off strong support


Today’s chart of the day is a recap of Goldman Sachs Group, Inc. (NYSE: GS) and our GS Dec 175 Call recommendation.

The stock held up relatively well in the face of yesterday’s market sell-off. It has twice bounced off the $164.65 level, which represents strong support. Our target remains $175.

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