Description: 
GT has recently broken above the $21.15 resistance level, a significant barrier identified in historical price action, and is now consolidating near $22.145. The breakout is supported by a surge in trading volume, indicating strong buyer interest. The 200-day Simple Moving Average (SMA) at approximately $11.38 (projected to rise) remains far below, suggesting a strong bullish trend. The Relative Strength Index (RSI) on the weekly chart is around 60, indicating room for further upside without being overbought. A golden cross (50-day SMA crossing above 200-day SMA) formed earlier in 2025, reinforcing the long-term bullish sentiment.
Key Indicators/Patterns: Breakout above resistance, high trading volume, 200-day SMA, RSI, golden cross.
Price Target: If the breakout holds,GT could target its all-time high of $25.94 by Q3 2025, with potential to reach $30-$35 by year-end if bullish market conditions persist.
Timeframe: 6-12 months.
Source Reference: (resistance at $21.15), (200-day SMA projection), (all-time high).
GT has recently broken above the $21.15 resistance level, a significant barrier identified in historical price action, and is now consolidating near $22.145. The breakout is supported by a surge in trading volume, indicating strong buyer interest. The 200-day Simple Moving Average (SMA) at approximately $11.38 (projected to rise) remains far below, suggesting a strong bullish trend. The Relative Strength Index (RSI) on the weekly chart is around 60, indicating room for further upside without being overbought. A golden cross (50-day SMA crossing above 200-day SMA) formed earlier in 2025, reinforcing the long-term bullish sentiment.Key Indicators/Patterns: Breakout above resistance, high trading volume, 200-day SMA, RSI, golden cross.
Price Target: If the breakout holds,
GT could target its all-time high of $25.94 by Q3 2025, with potential to reach $30-$35 by year-end if bullish market conditions persist.Timeframe: 6-12 months.
Source Reference: (resistance at $21.15), (200-day SMA projection), (all-time high).
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。