Bullish Flag Pattern Suggests Continuation Rally

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Description: Following a sharp rally from $20.77 (Bollinger Band lower band), GT is forming a bullish flag pattern on the 1-hour chart. The flagpole was formed by a 7% surge, and the current price of $22.145 is within the flag’s consolidation phase. The Stochastic Oscillator shows a bullish crossover in the neutral zone, suggesting a breakout is imminent. A move above $22.50 could confirm the pattern.

Key Indicators/Patterns: Bullish flag, Bollinger Bands, Stochastic Oscillator.

Price Target: A breakout could push GT to $23.50-$24.00 within 3-5 days.

Timeframe: 3-5 days.

Source Reference: (Bollinger Bands).

Feragatname

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