Goldman Sachs – Bullish invalidation below 221 levels

Positive RSI divergence + bullish symmetrical triangle breakout signals potential for rally to 245-250 levels. The second quarter revenue has failed to meet expectations…EPS adjusted came-in at $3.95 vs. $3.51 expected.

Better-than-expected EPS is good news. Stay on the long side as long as the prices stay above 221 levels.

Daily chart

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