Analysis: GT at $19.37 is struggling to break the $21.66 resistance, where a bearish shooting star candle formed on the daily chart. The RSI at 78 indicates overbought conditions, suggesting seller pressure. A drop below $19.55 could target the next support at $17.72. Declining trading volume further supports a bearish bias.
Outlook: Short on a break below $19.55, targeting $17.72, with a stop-loss above $21.15.
Outlook: Short on a break below $19.55, targeting $17.72, 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.