Analysis: GT’s current price of $19.37 is near the upper Bollinger Band ($24.42), with the 14-day RSI at 78 indicating overbought conditions. The 1-day chart shows rejection at $21.15, and declining volume suggests a lack of conviction. A pullback to the pivot support at $19.08 is likely.
Outlook: Short below $19.37, targeting $19.08, with a stop-loss above $21.15.
Outlook: Short below $19.37, targeting $19.08, with a stop-loss above $21.15.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.