Weak Goldman Sachs struggling with layoffs

Weak Goldman Sachs struggling with layoffs

(Finance) – The stock is weak Goldman Sachs which trades down by 1.46%.

The indiscretion relaunched by CNBC according to which Goldman Sachs plans to cut up to 8% of its employeesin January, preparing for a possible recession.

The trend of American merchant bank in the week, compared to Dow Jonesnotes a lower relative strength of the stock, which could fall prey to sellers ready to take advantage of potential weaknesses.

The short-term scenario of Goldman Sachs shows a decline in prices towards the USD 343.2 area with the first resistance area seen at 346.8. Expectations are for an extension of the negative phase towards the support seen at 341.8.

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