Analysis:
GT has broken below a short-term ascending channel on the 1-hour chart, with the current price at $22.18 near the channel’s lower boundary. The Parabolic SAR has flipped above the price, indicating bearish momentum. A move below $22.00 could target $21.60 (next support). Enter short below $22.00, with a stop-loss above $22.30. Take-profit at $21.60.
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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.