GT showing a good investment opportunityHi Everyone;
today we have good risk to reward Investment opportunity
it is more than 23 times the risk and the chart is look very promising.
Good Luck Every one
GT
GTAI is ready! 200% profit in the short-termTechnical analysis
GTAI coin is probably ready for an explosive move as the price broke out of the symmetrical triangle on the 4H chart. If you are still hesitating, it may be your last chance to buy GTAI at the current price of 2.23 USDT. The price makes higher lows, which is essential for every bull market. 204% profit in the short term is definitely very likely, but if you hold this coin for the long-term, you can get a 10x or 100x profit in 2024 or 2025. From the Elliott Wave perspective, we have a strong bullish nest (1,2,1,2,1,2), and every Elliott Wave trader can confirm that this is pretty much a dream setup. Once wave 3 starts, it can be huge. Where to take profit in the short term? If you are an intraday trader or a swing trader, you can take profit at the 1.618 FIB extension or 1:1 FIB extension and buy GTAI again at a lower price. If you are a hodler, keep holding.
Fundamental analysis
GTAI is very popular among retail traders. It has around 352,000 followers on the X platform and a huge fan base. It's always important for every coin to have a lot of users, as the users are what truly matter when it comes to adoption. It's also important for GTAI to get into popular exchanges so people can buy it. GTAI is awaiting several listings on another popular exchanges:
$GTAI is utility token which allows:
Fee Discounts: Offering discounts on profit and trading fees
Vendor Fees for API SDK: Charging fees for API SDK installation, subscription, and transactional operations
Web3 Fund Creation and Listing Fees:Implementing fees for creating Web3 funds and listing them in the marketplace
Cashback Payouts: Cashback payouts in $GTAPP tokens when using AI shopping assistance
Eligibility for DAO Voting: Granting eligibility to participate in DAO votings
Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
GT The Goodyear Tire & Rubber Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GT The Goodyear Tire & Rubber Company prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $0.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Positive signal identified on GT
Goodyear Tire & Rubber Company (GT): An Integrated Financial and Technical Perspective
Executive Summary:
The Goodyear Tire & Rubber Company stock (GT) presents a complex narrative that intertwines progressive corporate strategy with a dynamic technical posture. The company has launched a pivotal transformation initiative, 'Goodyear Forward,' aiming to bolster its fiscal health and market standing. Concurrently, the stock's technical indicators suggest cautious optimism, with specific entry and exit points proposed for strategic trading.
Technical Analysis Insights:
Our scrutiny of GT's chart reveals substantial volatility, characterized by sharp price ascents and consolidation. Key technical indicators have been evaluated:
- Support & Resistance Dynamics: GT is hovering above a solid support level at approximately $14.00, a critical juncture often seen as a market stabilizer. On the flip side, a resistance level looms near $15.00, a threshold historically linked with selling pressure.
- Fibonacci Retracement Levels: These levels underscore potential resistance zones. Particularly, the 50% and 61.8% retracement levels, dubbed the 'Golden Ratio,' are pivotal markers that could dictate the stock's trajectory.
- Moving Averages Analysis: The short-term trend is gauged via a 5-period SMA, while the long-term trend is assessed through a 200-period SMA. The price's interaction with these averages may signal the trend's vigor or a forthcoming reversal.
- Stochastic RSI Indication: Presently in the lower spectrum, the Stochastic RSI intimates an oversold condition, hinting at a prospective price rebound, a detail crucial for traders eyeing entry opportunities.
Corporate and Financial Developments:
GT's recent announcements and financial outcomes provide a vital context for the technical analysis:
1. Goodyear Forward: This initiative is a strategic leap aimed at refining earnings, augmenting cash flow, and slashing debt, setting GT on a path towards an investment-grade rating.
2. Leadership Transition: The impending retirement of Chairman, CEO, and President Richard J. Kramer in 2024 heralds a potential shift in the company's strategic direction, a factor that requires investor vigilance.
3. Quarterly Financial Performance: The company's Q1 2023 financial results could serve as a barometer for current health and future forecasts.
4. Activist Investor Influence: Elliott Investment Management's stake and its push for board representation have injected optimism into the market, with prognostications of the stock climbing to the $21 to low-$30 bracket.
-Integrated Analysis and Strategic Outlook:
Incorporating Elliott Investment Management's bullish influence and GT's proactive financial measures, GT stock is anticipated to ascend in the medium to long-term horizon. Nevertheless, technical analysis advises short-term prudence, primarily due to the Stochastic RSI's bearish inclination and the potential uncertainty infused by the CEO's impending departure.
Financial conclusion and approach:
- Confidence Level: Cautiously Optimistic
- Actionable Advice: Maintain a HOLD stance, with a predisposition to BUY on value dips or corroborating positive developments.
- Target Entry Point: Seek entry near the lower support zone for an advantageous risk-reward proposition.
- Exit Considerations: Aim for exits around the upper resistance level, while remaining attentive to Elliott's sway and strategic alterations, which may necessitate strategy recalibration.
Investors are encouraged to persistently monitor GT, particularly for updates related to 'Goodyear Forward,' Elliott Investment Management's exertions, and the leadership transition. These elements are poised to substantially influence GT's market performance.
GateToken GT Price Targets and Stop LossGT/USDT
Entry Range: $6.26 - 6.65
Price Target 1: $7.02
Price Target 2: $7.44
Price Target 3: $8.35
Stop Loss: $6.05
GoodYear Tire (NASDAQ: $GT) Finds The Golden Pocket! 🔍The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.
$EXPE PEG and Cup With Handle BreakoutI've put relevant notations on the chart. I'm putting this on my action list for next week. Many ways to play this one. If it opens in the upper wick that's strong. If that's the case I may go long with a stop below the day low or open. I may wait for a pullback but look for the gap to hold. It could also flag here for a few days or weeks. Either way this should be on your watch list. Ideas, not investing / trading advice.
As a side note there are quite few gappers this week worthy of a watch list such as $GDYN, $SYNA, $LYV, $PFE, $GT, $TGI and $BA which I've posted an idea on.This list is only a few, it's been a great week for many stocks breaking out.
GTUSDT inside 4hr breakout longAs the SHIB and all other animal-related cryptos attracts the whole world's attention,
there might be a bunch of money trying to find the next SHIB that hasn't become tradable on major exchanges.
Therefore, to have a look on this GT is interesting to me.
A no doubt beneficiary of the animal/doge fever.
try this inside 4hr breakout yo
Let's see how it goes!
GT will bounceGT should retest its previous channel and go even higher if it succeeds to bounce, which I think it will.
GoodYear Tire & Rubber (USA: $GT) Massive Multi-Year Uptrend Goodyear is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.
GoodYear Tire & Rubber (NASDAQ: GT) Could Lift Upwards 🎈🎈🎈The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The company has strategic collaboration with ConMet to develop combined digital solutions that connect commercial truck fleets to the health of their tires and wheel ends; and a strategic relationship with UFODRIVE to pursue opportunities to integrate their complementary mobility solutions, including Goodyear's intelligent tire monitoring system and proactive solutions suite and UFODRIVE's advanced eMobility software as a service platform. The Goodyear Tire & Rubber Company was founded in 1898 and is headquartered in Akron, Ohio.
GT to 3$Gate.io still not in Tradingview but I guess Huobi graphic still gonna work. Buy & wait. See the fibonacci levels on chart.
Have a nice flight... /)
"not investment advice"
GateChain Token allTime breakout - $GT $GTXHey frens
I just wanted to show u my fav chart of my fav native exchange token. I watch BNB, HT, LEO and GT, which all are about to breakout any moment or really sewn.
This one $GT is my winner of them also I have the feeling there is something incoming for all crypto exchanges and their assets.
Suprisingly even $HT performed better to me, then the notorious one $BNB, but for sure I have no idea for what $LEO is doing there.
Good luck for this coming event
Ascending Triangle Runs Out of Room Soon for SPY SPXIt's just a chart with some fibonacci levels and an ascending triangle with no where to go but down in my opinion. Looks like 2777-2775 is the first Fib level to revisit after topping out around 3,025-3045. Negative divergences also signaling running out of steam IMO. Don't hold anything for long, regardless of how strong it appears to be. Anything could change in one swift key-stroke of trumps fat fingers...Only thing that sends this higher in my opinion is a resolution of trade with China, and even then - Trump may start another trade war in it's place soon there-after IF we ever resolve China first... SPY SPX
I'm personally bullish on old school value plays that have been forgotten about that now have good dividends while you wait out the storm such as $CVS which has a .50 cent quarterly dividend, yielding 3.45% better than it's industry leaders like your UNH and ANTM which only yield 1.65% and 1.05%. Another one I'm long is $KHC Kraft Heinz which yields 5.22%, and last one that I'm watching is $GT goodyear tires, yielding 4.38%
All these growth stocks with sky-high valuations are going to begin to crumble at some point and I don't want to be holding long for that.
Good Luck!
GT Approaching Support, Potential Bounce!GT is approaching our first support at 18.86(horizontal overlap support, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 25.72 (horizontal pullback resistance, 100% fibonacci extension, 38.2% fiboancci retracement).
Stochastic (55,5,3) is also seeing a bullish divergence and appraoching support where we might see a corresponding bounce above this level.
GT Approaching Support, Potential Bounce!GT is approaching our first support at 61.8% fibonacci retracement (horizontal overlap support, 61.8% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 23.50 (horizontal swing high resistance, 23.6% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (55,5,3) is also approaching support and seeing a bullish divergence and we might see a corresponding rise in price.
GT Approaching Support, Potential Bounce!GT is approaching its support at 20.51 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 22.58 (61.8% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.
GT Approaching Support, Potential Bounce!GT is approaching its support at 19.51 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) where it could potentially rise up to its resistance at 25.25 (38.2% Fiboncci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching support where a corresponding bounce could occur.
GT: Bit of patience and the swing up might occur for 30% gainsGoodyear came out with results yesterday, and I quote:
"Q1 EPS of $0.50 beats by $0.04. // Revenue of $3.83B (+3.5% Y/Y) beats by $10M. // Looking ahead, Goodyear reaffirms prior guidance for 2018 segment operating income of $1.8B to $1.9B. Management expects the TireHub joint venture to be the "cornerstone " of its aligned distribution network."
This would bring the price up at least a bit right? Well no, it ended that day with -5%!
There's no logic in this price decline and that is why I place it in my watchlist, and will time the entry once the critical supports are hit, indicated on the chart above. Exit should be north of 32$, zone it reached many times after dips in last 2 years.
Will update when favorable zone is hit, make sure to follow for more.
SPX500USD | W | BEARISH SeptemberSPX weekly chart looks bearish if 2424 is penetrated again..
Cheers,
Keops
