Uptrend Call Working As Goldman Sachs Group Stock Rises 24.9% (GS)

Feb 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Goldman Sachs Group (NYSE:GS) on October 5th, 2012 at $119.99. In approximately 4 months, Goldman Sachs Group has returned 24.93% as of today's recent price of $149.90.

Goldman Sachs Group share prices have moved between a 52-week high of $150.40 and a 52-week low of $90.43 and are now trading 66% above that low price at $149.90 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.0% while the 200-day MA has risen 0.5%.

The Goldman Sachs Group, Inc., a bank holding company, is a global investment banking and securities firm specializing in investment banking, trading and principal investments, asset management and securities services. The Company provides services to corporations, financial institutions, governments, and high-net worth individuals.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Goldman Sachs Group shares.Log in and add Goldman Sachs Group (GS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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