The level of 278 becomes a great support for Goldman Sachs shares: last week the price couldn’t get lower just as it had happened in mid-June.
At the same time the Stochastic indicator and “hammer” in the chart give buy signals. The obvious goal of the rebound - is gap unclosed on the level of 304. Today’s quarterly report can help to reach this level.
Now only Citigroup among other banks with presented reports on the second quarter of the year exceeded expectations of the market participants. Can Goldman Sachs justify the investors' confidence? Today we find it out.