The Goodyear Tire Rubber Companys stock price (GT) extended its gains in latest intraday trading and tackled the important resistance of $11.65, boosted by trading above the 50-day SMA, coupled with positive signals from the Stochastic, amid the dominance of the upward correctional trend in the short term.
Therefore we expect more gains for the stock, especially if the resistance of $11.65 is breached, targeting the next one at $13.25.
Todays price forecast: Bullish