Analysis: At $22.18, 
GT is trading above its 20-day SMA ($22.00) but shows declining volume on the recent uptrend, indicating weak buyer conviction. The Williams %R (-15) signals overbought conditions, and the CCI (Commodity Channel Index) is above +100, suggesting a pullback. A move below $22.00 could target $21.50 (recent support). Enter short below $22.00, with a stop-loss above $22.50. Take-profit at $21.50.
GT is trading above its 20-day SMA ($22.00) but shows declining volume on the recent uptrend, indicating weak buyer conviction. The Williams %R (-15) signals overbought conditions, and the CCI (Commodity Channel Index) is above +100, suggesting a pullback. A move below $22.00 could target $21.50 (recent support). Enter short below $22.00, with a stop-loss above $22.50. Take-profit at $21.50.
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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.