Goldman Sachs Keeps On Tanking: Here's The Trade

 | Nov 12, 2018 03:40PM ET

Shares of Goldman Sachs (NYSE:GS) have taken a nose-dive in the last week. Goldman was trading north of $230 just days ago, and just before Monday's close, GS was at $205.72. A mix of worry over rates, the economy and its health have been the catalysts. Pro traders expect it to continue to fall to $199 before triggering a major technical support followed by a sharp bounce.