Analysis: 
GT is trading above the daily VWAP ($21.60) but showing signs of rejection near $22.00, with the RSI (14) at 65 nearing overbought. The stock’s recent 6.19% daily gain suggests short-term exhaustion. A bearish crossover on the stochastic oscillator supports a pullback to the VWAP or lower support at $20.00.
Trade Plan:
Entry: $21.70 (below current price after VWAP rejection).
Stop Loss: $22.20 (above recent high).
Target: $20.00 (VWAP/support, ~8.5% downside).
Risk-Reward Ratio: 1:1.8.
Timeframe: 3-7 days.
Indicators: VWAP, Stochastic, RSI.
GT is trading above the daily VWAP ($21.60) but showing signs of rejection near $22.00, with the RSI (14) at 65 nearing overbought. The stock’s recent 6.19% daily gain suggests short-term exhaustion. A bearish crossover on the stochastic oscillator supports a pullback to the VWAP or lower support at $20.00.Trade Plan:
Entry: $21.70 (below current price after VWAP rejection).
Stop Loss: $22.20 (above recent high).
Target: $20.00 (VWAP/support, ~8.5% downside).
Risk-Reward Ratio: 1:1.8.
Timeframe: 3-7 days.
Indicators: VWAP, Stochastic, RSI.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.