Rocket Booster Setup is Igniting Above the 50 & 200 EMA

Goldman Sachs: Rocket Booster Setup is Igniting 🚀

Goldman Sachs GS (GS) is showing signs of a potential upside move according to the Rocket Booster Strategy and supporting technical indicators.

Key Bullish Signals

• Above the 50 & 200 EMA (Rocket Booster Strategy)
  

The price is holding above both the 50-period and 200-period RMA, indicating strong long-term bullish momentum.

• Gap Up Formation
  

A recent gap-up candle signals possible renewed buying interest from institutional players.

• Balance of Power Below Zero
  

While the BoP is still below zero, this can signal the end of selling pressure and a potential accumulation phase before a breakout.

• DMI Trend Confirmation
  

The DMI (Directional Movement Index) is showing trend alignment in favor of the bulls, supporting the case for a possible continuation move.

Trade Idea

If the bullish conditions hold, GS could be preparing for an upward push in the coming sessions. Traders may watch for follow-through volume and confirmation from BoP crossing above zero.

⚠ Disclaimer
This article is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult with a licensed financial advisor before making investment decisions. Past performance is not indicative of future results.

📚 Learn More

If you want to understand how the Rocket Booster Strategy works and how to combine EMAs, BoP,

and DMI effectively, study multi-indicator confluence setups and test them on historical charts before live trading.