Analysis: GT’s weekly chart shows an inverted Adam & Eve pattern, with a pointed top in 2021 and a rounded top in 2024, signaling a bearish reversal. Trading volume is declining, and the price is below the 200-day SMA ($20.60). A drop to $18.00 is likely if $19.55 breaks.
Trade Idea: Short at $19.50, targeting $18.00. Stop loss at $21.00.
Risk: A close above $21.66 could push GT toward $25.
Trade Idea: Short at $19.50, targeting $18.00. Stop loss at $21.00.
Risk: A close above $21.66 could push GT toward $25.
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