Analysis: 
GT formed a double top pattern near $24.19, its cycle high, indicating strong resistance and potential exhaustion of bullish momentum. The price has since declined, trading below the 20-day Exponential Moving Average (EMA) at $22.15, a bearish signal. The MACD line is crossing below the signal line, confirming weakening momentum. If GT fails to reclaim $22.15, it could slide toward the $19.95 support, with a deeper correction to $18.74 possible.
Entry Point: $21.90
Target Price: $19.95
Stop Loss: $22.50
Timeframe: 2–3 weeks
Rationale: The double top and bearish MACD crossover suggestGT is poised for a correction, especially after failing to sustain gains above recent highs.
GT formed a double top pattern near $24.19, its cycle high, indicating strong resistance and potential exhaustion of bullish momentum. The price has since declined, trading below the 20-day Exponential Moving Average (EMA) at $22.15, a bearish signal. The MACD line is crossing below the signal line, confirming weakening momentum. If GT fails to reclaim $22.15, it could slide toward the $19.95 support, with a deeper correction to $18.74 possible.Entry Point: $21.90
Target Price: $19.95
Stop Loss: $22.50
Timeframe: 2–3 weeks
Rationale: The double top and bearish MACD crossover suggest
GT is poised for a correction, especially after failing to sustain gains above recent highs.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.