Trading idea for Goldman Sachs Group Inc. (NYSE)

Goldman Sachs Group Inc. (NYSE)
#GS

The trend is upward. The stock is trading between the 365 and 135 EMAs. The descending truncated wave structure has completed after breaking the trendline. The Awesome Oscillator shows a bullish divergence, and the Stochastic Oscillator indicates oversold conditions.

Trading idea:
Buy on the breakout of 787.35.

Stop Loss – 766.30.
Target levels – 806.80; 838.20.