Goodyear downtrend to support level
GT is in a downward trend from a high of 19.37, to today’s closing at 17.21, the stock dropped further to 17.05 after hours. The stock experienced a double rejection at 18.43 a week apart, making that price a strong resistance level. If current trends hold, GT will stay under the 17.46 resistance level this Monday and stay under the top trend line the next day. GT may encounter support at 16.48 and change trends.
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