Goldman Sachs has had a head of steam for the past week, with its 20-day moving average crossing above the 200-day MA for the first time since late May. It’s been a 10% rise in 5 days, a quick move for any security, especially one that had been relatively range-bound since late July. We’re not ready to place a trade yet, but we’re looking at the $119 or $120 price level for resistance. $119 is a previous resistance point, and also is the approximate price for a meaningful bearish moving average crossover earlier this year (see chart). Stay tuned!