GT’s recent multiple green closes on the daily chart and the breakthrough of the descending highs’ resistance line jointly fuel its upward momentum. Technically, GT’s MACD has formed a golden cross above the zero line, with red histogram bars lengthening, indicating strengthening upward momentum. The RSI is also in the strong zone above 50 without clear overbought signals, suggesting ample room for further gains. Overall, GT’s short-term and long-term trends are upward, with positive market sentiment and technical indicators supporting further gains, leading analysts to be bullish on GT’s future performance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.