From a trend analysis perspective, GT’s StochRSI forming a golden cross in the oversold zone on the weekly chart is a critical technical signal. Typically, when StochRSI enters the oversold zone and forms a golden cross, it signals a shift from extreme pessimism to optimism, with buying pressure strengthening. Combined with GT’s fundamentals and market environment, this suggests the start of a new upward movement, targeting $100. Additionally, GT has consistently stayed within an upward channel, even during short-term pullbacks, without breaking key support levels, further solidifying the reliability of the upward trend.
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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.