Trade Ideas for Mon, Dec 9, 2019

The Goldman Sachs Group, Inc. (GS) – broke resistance at 224 on Friday with volume 2x average thus confirming new momentum which could move prices into 235 areas within the next 2-10 trading days.

ON Semiconductor Corporation (ON) – break of horizontal resistance at 22.4 is likely to accelerate prices for another 3-5%.

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Author of Member of the CMT Association.