GT’s daily chart shows a flag pattern after a sharp run from $11 to $12.50. The flagpole suggests a $1.50 target, putting $14 in sight if it breaks $12.50. Volume is tapering, typical for this setup, but needs a spike on the breakout. The 50-day EMA at $11.90 is rising support. RSI at 64 is healthy, not overstretched. A drop below $12 could test $11.90—key level for bulls. Long above $12.50, stop at $12.20, or short below $12 with a $11.90 target. High-probability setup if it triggers. Anyone else seeing this flag forming?
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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.