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Monday, April 11, 2011

Goldman Sachs Group, Inc. (GS) Stock Analysis 4/11/11

By Tim -

The following is technical analysis on Goldman Sachs Group, Inc. (GS) stock for April 11, 2011

Goldman Sachs Group, Inc. (GS) Support & Resistance Levels - 4/11/11

Resistance Levels: $164.50, $166.25

Support Levels: $156 - Chart

Goldman Sachs Group (GS) is back above $160. Goldman Sachs (GS) is in a mini downtrend right now but is looking attractive. Goldman Sachs (GS) remains a strong buy below $162.21. GS stock will have resistance on the upside at $164.50 and $166.25. I expect Goldman Sachs to rally big if these resistance levels are taken out.

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