Analysis: GT ($19.50) is testing resistance at $21.66, where a bearish shooting star candle formed on the daily chart, indicating seller dominance. The RSI at 78 signals overbought conditions, suggesting a pullback to $19.55 support. Declining trading volume reinforces fading momentum.
Trade Idea: Short GT at $19.50, targeting $19.00. Stop loss at $21.27 (above resistance).
Risk: A close above $21.66 could trigger a bullish breakout.
Trade Idea: Short GT at $19.50, targeting $19.00. Stop loss at $21.27 (above resistance).
Risk: A close above $21.66 could trigger a bullish breakout.
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