Analysis: Trading at $19.37, GT is showing exhaustion after failing to hold above $21.15. The 4-hour chart displays a sell signal, with the price testing the pivot point at $19.24. The MACD is crossing bearish, and the Bollinger Bands show GT trading below the SMA ($22.59). A breakdown could see prices drop to $18.99.
Outlook: Short below $19.24, targeting $18.99, with a stop-loss above $19.48.
Outlook: Short below $19.24, targeting $18.99, with a stop-loss above $19.48.
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