GTLOW OIL PRICE IS HUGE PLUS FOR GT ON COST BASES PLUS BECAUSE OF LOW OIL PRICE PEOPLE ARE DRIVING MORE OFTEN AND NEED TO REPLACE THEIR TIRES. ALSO IMPROVING ECONOMY HELPS CAR MAKERS TO SELL MORE CARS AND EVERY VEHICLE HAS AT LEAST 4 TIRES :))Longby EnginErbay1
GT Perfect Gap N Go (Brad Reed Feb17,2015)GT expected to open at 26.81 for a Perfect Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.comLongby Reallifetrading0
Short Good Year on a break below 24- Auto and Tires are under-performing the S&P - GT has formed a down trend - Short on a break below 24 along with a bearish market condition (reversion to the down trend )Shortby Dino4442
Short GoodyearWithin the weak Tires sub industry, Goodyear has been losing upside momentum and is starting to underperform the S&P since May 2014. Technical Analysis: - Bearish Divergence from May to now - Price has been holding bellow the 20MA on the weekly chart with a mean rejection at the beginning of Sep - Downtrend on the relative performance chart with the S&P Initial target: 50% fibo retracement at 20.26 which is above the long term uptrend support from 2012Shortby Rogue_Analyst0
Long Swing/Position Trade - GT -Strong level of institutional buy between 19.04-18.24 -Overall weekly trend is up -Fundamentals improving on strong uptrend -Recently hit strong institutional selling (23.05 - 23.76) level on weekly; pierce halfway into range Stop: 18.24 Entry - 19.04 Target: 23.50by Pedro_Cruz10
GT - Good yearIf does not brake resistance of 23.13, most likely will go down again and price target should be around $22.50Longby culloa0
Trade Idea - Short GoodyearTechnicals point to a clear bearish turn in Goodyear. Stops at $17.67, Entry at $16.70 with target price of $15.20Shortby justatrader0
Bullish Channel DownUO plus this bullish channel down suggests a possible breakout upside but conservative traders can wait price to clear the upper DT so far buying at the lower channel and selling upper channel was profitable. Join us woowtrading.netLongby Xafada0