Analysis: 
GT’s Average True Range (ATR) is elevated at 0.645, indicating high volatility that could amplify downside moves. The price is trading at $21.85, just above the $21.47 pivot but below the $22.67 resistance. The RSI is at 49.36, offering no bullish conviction, and the Ultimate Oscillator is trending downward, signaling potential selling pressure. A drop below $21.47 could see GT target $19.95, with $18.74 as a further downside level.
Entry Point: $21.60
Target Price: $19.95
Stop Loss: $22.80
Timeframe: 1–2 weeks
Rationale: High ATR and neutral RSI, combined with resistance rejection and a declining Ultimate Oscillator, suggestGT is at risk of a near-term decline.
GT’s Average True Range (ATR) is elevated at 0.645, indicating high volatility that could amplify downside moves. The price is trading at $21.85, just above the $21.47 pivot but below the $22.67 resistance. The RSI is at 49.36, offering no bullish conviction, and the Ultimate Oscillator is trending downward, signaling potential selling pressure. A drop below $21.47 could see GT target $19.95, with $18.74 as a further downside level.Entry Point: $21.60
Target Price: $19.95
Stop Loss: $22.80
Timeframe: 1–2 weeks
Rationale: High ATR and neutral RSI, combined with resistance rejection and a declining Ultimate Oscillator, suggest
GT is at risk of a near-term decline.
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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.