Investment banking behemoth Goldman Sachs recently announced its intention to acquire GreenSky, a sales and "buy-now-pay-later" fintech company, in an all-stock deal worth about $2.2 billion. GreenSky is a major intermediary for home improvement loans and planned transactions, and allows customers to make purchases and repay them in multiple payments over some time.
Our Analysis:
As long as the price is below 391.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 375.00
- Take Profit 1: 360.00
- Take Profit 2: 352.00
Alternative scenario:
If the level of 391.00 is broken-out, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 391.00
- Take Profit 1: 404.00
- Take Profit 2: 411.00
No comments:
Post a Comment