GOIH Capital Markets: Hedge Fund: Goldman Sachs Investment

Our portfolio managers are reviewing Goldman Sachs (NYSE:GS) for an investment. GS is trading under its 15 MA which has a price of $173.25. We will use the 5 day MA cross over 15 day MA as a buy signal and enter a position on GS. GS bounced off the 60 day MA strongly and make a move to the upside now trading at $176.40