Analysis: 
GT faces strong resistance at $22.00, where it was rejected twice in the past month, forming a double-top pattern. The RSI (14) at 62 is nearing overbought, indicating weakening momentum. The stock’s 10.95% monthly gain suggests overextension, and a bearish divergence on the MACD (price rising, MACD falling) supports a potential reversal. A drop below $21.50 could accelerate selling toward $19.50.
Trade Plan:
Entry: $21.70 (break below $21.85 with confirmation).
Stop Loss: $22.50 (above resistance).
Target: $19.50 (next support, ~10.3% downside).
Risk-Reward Ratio: 1:2.
Timeframe: 1-2 weeks.
Indicators: RSI, MACD, Double-Top Pattern.
GT faces strong resistance at $22.00, where it was rejected twice in the past month, forming a double-top pattern. The RSI (14) at 62 is nearing overbought, indicating weakening momentum. The stock’s 10.95% monthly gain suggests overextension, and a bearish divergence on the MACD (price rising, MACD falling) supports a potential reversal. A drop below $21.50 could accelerate selling toward $19.50.Trade Plan:
Entry: $21.70 (break below $21.85 with confirmation).
Stop Loss: $22.50 (above resistance).
Target: $19.50 (next support, ~10.3% downside).
Risk-Reward Ratio: 1:2.
Timeframe: 1-2 weeks.
Indicators: RSI, MACD, Double-Top Pattern.
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