It seems the divergence setup is becoming one of my favorites as well. Goldman Sachs (GS) recently exhibited a lengthy divergence with a snap resolution today on the smaller timeframe, which may bode well for the stock in the short term.

Let’s look:

Typically, a divergence sets up a small target trade (retracement only), but a […]

It’s always great to see the resolution of a classic trade, if for nothing else than for an educational resource.

AIV (Apartment Investment and Management Co) recently resolved a lengthy buy divergence in a fierce way:

Typically, divergence trades are only good for a small, counter-trend target, but lengthy, multiple swing divergences can frequently precede explosive moves […]

Financial giant Goldman Sachs (GS) recently posted two major classic patterns on its daily chart worth an educational mention:

First, notice the lengthy declining triangle formation (pattern) both in the actual price and the narrowing momentum oscillator.
Price ejected down from the horizontal support line (base) and formed a retest at the throw-back point, which corresponded nicely […]