GS - Reaction To Earnings

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GS reported good earnings. Even GREAT earnings, according to early CNBC comments. Let's look at the REACTION to earnings.

The pattern in purple is a Symmetrical Triangle that was unreliable. GS broke above it, came back inside it, broke out again, broke below it, got back above it, etc. UGH. I do a "redraw" (the pattern in blue) and keep the old pattern, to see if there's any reaction to those trendlines.

The purple trendline came in today at 210.54. This morning's high was 210.53, so there certainly was "some" validity to that trendline. It was resistance on today's "good earnings." GS currently is down over $7.00, in the $201.00s.