Get started
GOODYEAR TIRE & RUBBER COGOODYEAR TIRE & RUBBER COGOODYEAR TIRE & RUBBER CO

GOODYEAR TIRE & RUBBER CO

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

GT trade ideas

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.
NASDAQ:GT
by Repuzel
Goodyear Tires Weekly Clone Levels My attempt at using Clone Levels on GT. There is a bearish Butterfly as well 2 bearish AB=CD patterns completing at the top of the range which may be a nice opportunity to short (and especially if SPX is to have a pullback as many on here seem to think). Weekly RSI is almost overbought as well. The targets of this pattern as well as the larger clone levels will be areas of interest for me to then long. I also want to sincerely thank @GcNaif for all of his help in educating us on Clone Levels (although he has no clue about this idea so I am not trying to say he endorses it -- I just appreciate his posts regarding it). I hope my understanding of them is accurate!
NASDAQ:GT
by SharkbaitAl