GT on the hourly chart is flirting with the 200-period SMA at $12.15. Bulls are defending it, with a hammer candle forming at support. Stochastic is oversold, suggesting a bounce could be near. If it holds, $12.40 is the next hurdle—previous highs. Volume is light, though, so conviction is lacking. A break below $12.15 could see $11.95 quickly, especially if selling accelerates. RSI at 45 is neutral, leaving room either way. I’d go long above $12.25 with a stop at $12.10 or short below $12.15 targeting $11.95. Patience is key—wait for confirmation. Anyone else watching this?
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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.