Goldman Sachs: Rebound rally up +32% now getting into key Cloud Chart resistance zones of 393! Consolidation risk remain high here!

 Goldman Sachs: Rebound rally up +32%  now getting into key Cloud Chart resistance zones of 393! Consolidation risk remain high here!  

GS rallied more than 32% from old Cloud Chart (CC) support zones. Managed to break past the weekly CC resistance. New support zones are 372/351. GS now getting closer to the old CC top end resistance zones of 393! 

Moving into swing trade profit taking zone on the daily CC since GS bit extended from the top end of the cloud. Consolidation risk down to 372 and the front end of the cloud at 351! Price action is still above the cloud and that remains bullish but do expect some consolidation of the recent rally move. 393 is the upside resistance target!