Close Trade MACD BUY ALERT A MACD Alert was triggered on Wednesday
I bought a call on the breakout
Closed todays trade
Profit $40.00
Challenge Bankroll $240.00
GTR trade ideas
MACD BUY ALERTThis is. MY first Post
If trading view likes this I can post a stock throughout the week
If you use a program called Metastock-I Do - I Am Not ADVERTISING -
I scan for stocks every night that get a MACD Buy Alert on Nasdaq Only
If the price the next day breaks the high of the Alert Day - then I place a Call Option ITM using a small bank roll challenge. I started with only $200.00
For those with a small bankroll $250.00:
You can buy stock options - puts or calls for that price . Or at least OTM more risky
This is my challenge - so how I can do
This is not financial Advice
I hope you enjoyed and follow
Thanks
GT The Goodyear Tire & Rubber Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GT The Goodyear Tire & Rubber Company prior to the earnings report this week,
I would consider purchasing the 13usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $0.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Positive signal identified on GT
Goodyear Tire & Rubber Company (GT): An Integrated Financial and Technical Perspective
Executive Summary:
The Goodyear Tire & Rubber Company stock (GT) presents a complex narrative that intertwines progressive corporate strategy with a dynamic technical posture. The company has launched a pivotal transformation initiative, 'Goodyear Forward,' aiming to bolster its fiscal health and market standing. Concurrently, the stock's technical indicators suggest cautious optimism, with specific entry and exit points proposed for strategic trading.
Technical Analysis Insights:
Our scrutiny of GT's chart reveals substantial volatility, characterized by sharp price ascents and consolidation. Key technical indicators have been evaluated:
- Support & Resistance Dynamics: GT is hovering above a solid support level at approximately $14.00, a critical juncture often seen as a market stabilizer. On the flip side, a resistance level looms near $15.00, a threshold historically linked with selling pressure.
- Fibonacci Retracement Levels: These levels underscore potential resistance zones. Particularly, the 50% and 61.8% retracement levels, dubbed the 'Golden Ratio,' are pivotal markers that could dictate the stock's trajectory.
- Moving Averages Analysis: The short-term trend is gauged via a 5-period SMA, while the long-term trend is assessed through a 200-period SMA. The price's interaction with these averages may signal the trend's vigor or a forthcoming reversal.
- Stochastic RSI Indication: Presently in the lower spectrum, the Stochastic RSI intimates an oversold condition, hinting at a prospective price rebound, a detail crucial for traders eyeing entry opportunities.
Corporate and Financial Developments:
GT's recent announcements and financial outcomes provide a vital context for the technical analysis:
1. Goodyear Forward: This initiative is a strategic leap aimed at refining earnings, augmenting cash flow, and slashing debt, setting GT on a path towards an investment-grade rating.
2. Leadership Transition: The impending retirement of Chairman, CEO, and President Richard J. Kramer in 2024 heralds a potential shift in the company's strategic direction, a factor that requires investor vigilance.
3. Quarterly Financial Performance: The company's Q1 2023 financial results could serve as a barometer for current health and future forecasts.
4. Activist Investor Influence: Elliott Investment Management's stake and its push for board representation have injected optimism into the market, with prognostications of the stock climbing to the $21 to low-$30 bracket.
-Integrated Analysis and Strategic Outlook:
Incorporating Elliott Investment Management's bullish influence and GT's proactive financial measures, GT stock is anticipated to ascend in the medium to long-term horizon. Nevertheless, technical analysis advises short-term prudence, primarily due to the Stochastic RSI's bearish inclination and the potential uncertainty infused by the CEO's impending departure.
Financial conclusion and approach:
- Confidence Level: Cautiously Optimistic
- Actionable Advice: Maintain a HOLD stance, with a predisposition to BUY on value dips or corroborating positive developments.
- Target Entry Point: Seek entry near the lower support zone for an advantageous risk-reward proposition.
- Exit Considerations: Aim for exits around the upper resistance level, while remaining attentive to Elliott's sway and strategic alterations, which may necessitate strategy recalibration.
Investors are encouraged to persistently monitor GT, particularly for updates related to 'Goodyear Forward,' Elliott Investment Management's exertions, and the leadership transition. These elements are poised to substantially influence GT's market performance.
GT (The Goodyear Tire) , LONG TF 4H. Good opportunity.According to calculations, the trend started on the 4-hour timeframe on December 29.
On February 2, the level of 12.03 was tested.
In the near future, this level will be tested again. Take profit is set at the level of 12.66, with a very high probability we will make a profit.
I think now is the best option to enter into a buy trade.
Do not forget about SL = 9.64
Good luck !
GT. BREAKOUT?looks like it could breakout, gonna be watching closely
RSI looking good, its volatile and just under down trend resistance.
hopefully volume increases in coming days to push it through resistance
GT SellLooking for a push to the downside. The market is showing a bearish momentum, thus i am looking for confirmation for a sell.
GoodYear Tire (NASDAQ: $GT) Finds The Golden Pocket! 🔍The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving equipment, and mining and industrial equipment under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, and various other house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.
GT | GuidanceJournal Entry
Bias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Greedy🤴
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: ...
Position: Short term day trade.
Notes: I'm anticipating the market to buy the earnings surprise 5/29/22 BMO: www.estimize.com
Barron's Company Overview: www.barrons.com .
Other: ...
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply.
About the Author: I strive to become one of Tradingview's pinescript Wizards and Top Authors, as well as build a reputable reputation & following. I'm not a Wall Street retailer I don't have products or services for sale, although I am a financial scientist and my source of income is my trading; that is to say anything offered to the community is apart of my scientific journal or goodwill to mankind (you're very welcome).
About the Security: "Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH."
Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
GT crashed into a MAJOR support: Cars still need Tires, right ??Plotted here are two different Fib series.
Thick lines are of its "Genesis" (birth) fib.
Thin lines are the "Covid Stimulus" wave.
Confluence zones of the fibs are of great interest.
Pings (exact ricochets) confirm the fibs' relevance.
Pings on subsequently higher fibs a good bull sign.
I do NOT research the companies, I just plot the charts.
Maybe there was a REASON for crash and it will continue?
But if there is a "bottom" anywhere near here, THIS Is it.
.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
ABC BullishPossible stop where you see support or under C. There is a pocket pivot not far under price.
The target is D.
No recommendation.
Price is hitting the top of the bands set on an 80 SMA and the band could be causing some resistance at that level.
The deal was closed on GT stock with a profit of 10% in a 2 daysAlhamdulillah , The deal was closed on GT stock with a profit of 10% in a Two days.
I wish good luck to everybody.
Buy GT 6/12/2021You can buy GT target 23.73 stop loss 19.11
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
$GT High Cheat Area$GT putting in a nice high cheat in its 4.5 months cup base. volume pattern in the cup base looks very healthy.
Earnings in 6 days might make this a bit tricky. I still want to see it quite down in the cheat before it comes out.
Goodyear broke out of the flag pattern NASDAQ:GT broke out of the flag pattern and is ready to post some more gains. Anticipated price action and targets are shown on the chart, stop loss at 15$.
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
$GT - call optionsGrabbed some options on May 3
They are 50% in the green.
The bull pennant and unusual call buying have inspired me to consider adding more calls. They are fairly inexpensive.
I grabbed June 11 expiration, 17.5 strike for 90 cents each.
They had a killer earnings a few days ago, also.
GoodYear Tire & Rubber (USA: $GT) Massive Multi-Year Uptrend Goodyear is one of the world's largest tire companies. It employs about 62,000 people and manufactures its products in 46 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry.
GoodYear Tire & Rubber (NASDAQ: GT) Could Lift Upwards 🎈🎈🎈The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires for automobiles, trucks, buses, aircrafts, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications under the Goodyear, Dunlop, Kelly, Debica, Sava, Fulda, and various other Goodyear owned house brands, as well as under the private-label brands. The company also retreads truck, aviation, and off-the-road tires; manufactures and sells tread rubber and other tire retreading materials; sells chemical and natural rubber products; and provides automotive and commercial truck maintenance and repair services, and miscellaneous other products and services. It operates approximately 1,000 retail outlets, which offer products for retail sale, and provides repair and other services. The company sells its products worldwide through a network of independent dealers, regional distributors, retail outlets, and retailers. The company has strategic collaboration with ConMet to develop combined digital solutions that connect commercial truck fleets to the health of their tires and wheel ends; and a strategic relationship with UFODRIVE to pursue opportunities to integrate their complementary mobility solutions, including Goodyear's intelligent tire monitoring system and proactive solutions suite and UFODRIVE's advanced eMobility software as a service platform. The Goodyear Tire & Rubber Company was founded in 1898 and is headquartered in Akron, Ohio.
$GT long idea$GT at good entry here for day trade, 50 MA + golden pocket confluence - Looks bull flag. Adding here and adding more on the break. tight stop, below given level.
Goodyear downtrend to support level$GT is in a downward trend from a high of 19.37, to today’s closing at 17.21, the stock dropped further to 17.05 after hours. The stock experienced a double rejection at 18.43 a week apart, making that price a strong resistance level. If current trends hold, $GT will stay under the 17.46 resistance level this Monday and stay under the top trend line the next day. $GT may encounter support at 16.48 and change trends.
