Analysis: 
GT is testing a major support at $21.00, forming an inverse head-and-shoulders pattern on the daily chart, with the neckline at $22.50. A breakout above this level could confirm a trend reversal from the recent downtrend. The MACD is showing a bullish crossover (signal line above MACD line), and the stock’s 0.92 beta suggests moderate volatility, supporting a swing trade setup. Analysts’ price targets range from $17.00 to $11.00, but technicals suggest upside to $25.00 if the pattern completes.
Trade Plan:
Entry: $22.60 (breakout above neckline).
Stop Loss: $20.80 (below right shoulder).
Target: $25.00 (pattern target, ~14.2% upside).
Risk-Reward Ratio: 1:2.5.
Timeframe: 2-3 weeks.
Indicators: MACD, Volume, Pattern Analysis.
GT is testing a major support at $21.00, forming an inverse head-and-shoulders pattern on the daily chart, with the neckline at $22.50. A breakout above this level could confirm a trend reversal from the recent downtrend. The MACD is showing a bullish crossover (signal line above MACD line), and the stock’s 0.92 beta suggests moderate volatility, supporting a swing trade setup. Analysts’ price targets range from $17.00 to $11.00, but technicals suggest upside to $25.00 if the pattern completes.Trade Plan:
Entry: $22.60 (breakout above neckline).
Stop Loss: $20.80 (below right shoulder).
Target: $25.00 (pattern target, ~14.2% upside).
Risk-Reward Ratio: 1:2.5.
Timeframe: 2-3 weeks.
Indicators: MACD, Volume, Pattern Analysis.
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