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GT is coming up on its 100 day, might bounce off of that. I think the more powerful resistance is that bottom trend line though; somewhere around 12.15. I've always liked GT but they never seemed to have a good entry point. If they fall down to the low 12s they would look pretty nice. This definitely isn't a buy right now, don't try to catch a falling knife, but it's setting up nicely. Fairly boring trade, just buying at the bottom of the trend channel, sometimes boring is nice though. Some hypothetical trading points, since these are projected into the future a bit they're probably not very precise. I might revisit GT if it hits 12.15 or so.
Entry: 12.15 (bottom of the trend channel, moving up might be closer to 12.30 by the time it hits)
TP: 14.75 (under the top of the channel, moving up might be closer to 15.00 by the time it hits)
SL: 11.70 (under the bottom of the channel, moving up but I don't think going higher than 11.70 is going to be necessary.)
The market is looking bearish so buying anything now has some risk added to it. Bearish markets set up some nice buys though. Wait for a good turnaround before buying anything.
If you have a stock you want analyzed leave it in the comments.
Do your own research before taking any position. I don't have a position in GT nor will I be taking one in the next 72 hours.
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