Goldman Sachs: Rocket Booster Setup is Igniting 🚀
Goldman Sachs
GS (GS) is showing signs of a potential upside move according to the Rocket Booster Strategy and supporting technical indicators.
Key Bullish Signals
The price is holding above both the 50-period and 200-period RMA, indicating strong long-term bullish momentum.
A recent gap-up candle signals possible renewed buying interest from institutional players.
While the BoP is still below zero, this can signal the end of selling pressure and a potential accumulation phase before a breakout.
The DMI (Directional Movement Index) is showing trend alignment in favor of the bulls, supporting the case for a possible continuation move.
Trade Idea
If the bullish conditions hold, GS could be preparing for an upward push in the coming sessions. Traders may watch for follow-through volume and confirmation from BoP crossing above zero.
⚠ Disclaimer
This article is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult with a licensed financial advisor before making investment decisions. Past performance is not indicative of future results.
📚 Learn More
If you want to understand how the Rocket Booster Strategy works and how to combine EMAs, BoP,
and DMI effectively, study multi-indicator confluence setups and test them on historical charts before live trading.
Goldman Sachs
GS (GS) is showing signs of a potential upside move according to the Rocket Booster Strategy and supporting technical indicators.Key Bullish Signals
- Above the 50 & 200 EMA (Rocket Booster Strategy)
The price is holding above both the 50-period and 200-period RMA, indicating strong long-term bullish momentum.
- Gap Up Formation
A recent gap-up candle signals possible renewed buying interest from institutional players.
- Balance of Power Below Zero
While the BoP is still below zero, this can signal the end of selling pressure and a potential accumulation phase before a breakout.
- DMI Trend Confirmation
The DMI (Directional Movement Index) is showing trend alignment in favor of the bulls, supporting the case for a possible continuation move.
Trade Idea
If the bullish conditions hold, GS could be preparing for an upward push in the coming sessions. Traders may watch for follow-through volume and confirmation from BoP crossing above zero.
⚠ Disclaimer
This article is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult with a licensed financial advisor before making investment decisions. Past performance is not indicative of future results.
📚 Learn More
If you want to understand how the Rocket Booster Strategy works and how to combine EMAs, BoP,
and DMI effectively, study multi-indicator confluence setups and test them on historical charts before live trading.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.