In a market that is showing a fair amount of weakness over the past week, we found a stock that also looks week. If you look at the Goldman Sachs (GS) chart, there’s nothing really exciting us about a move to the downside as the stock didn’t even take part in the rally when the market was really on the move higher.

Now, after coming down to a key support level of the 315-320 area, the stock looks like it wants lower prices. An added layer of confirmation comes from the fact that the market is also showing weakness, or at least, a pause in strength. In our view, if the market gives way, this means GS will experience some hard selling pressure as well.

If you are looking at the market through a lens of weakness, keep GS on your watchlist for a short candidate. The last level of support if the stock gives way is all the way down at 310, after that… much lower.

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