Goodyear- Looking good
Goodyear can move due to the following reasons:
- Moving in a harmonic triangle ABCD pattern
-Consolidating in Darvas Box.
- RS near 0 line so offers great R:R.
-Best range to buy is between 925-940.
Move can be towards 1160+ levels once breaks out.
All tyre stocks look really good for medium term on charts. Ceat, Goodyear, Apollo, JK Tyre, etc.
Keep a watch
Disclaimer: Please do your own analysis before investing. These are views and not an investment advise.
- Moving in a harmonic triangle ABCD pattern
-Consolidating in Darvas Box.
- RS near 0 line so offers great R:R.
-Best range to buy is between 925-940.
Move can be towards 1160+ levels once breaks out.
All tyre stocks look really good for medium term on charts. Ceat, Goodyear, Apollo, JK Tyre, etc.
Keep a watch
Disclaimer: Please do your own analysis before investing. These are views and not an investment advise.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.