a good trader always buys at low and sells at high,which is called profit making principle of real trader.Goodyear ltd is at ultimate zone of support.Patience for a period will give decent output.post your opinion in comments.
Goodyear is the fundamentally strong company with strong and consistent dividend paying history so far. Taken support at 990 and showing the sign of reversal. Fresh entry can be made at 1050 with stop loss of 990. Upside rally can be seen till 1100 and 1200. Can add this stock at every dip with prospective of long terms investment The reason for picking this...
( Analysis for Educational Purpose Only) Goodyear BO Retest
Swing Trade - buy above 1035 and keep Sl below 950 IntradayTrade - buy above 1020 which is previous day high and safe buy above 1035 For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for...
LOOKS GOOD ABOVE RESISTANCE LEVEL FOR DECENT UPSIDE IDEA IS FOR EDUCATIONAL PURPOSE
GOODYEAR LOOKS GOOD ABOVE 999 STRONG TILL 1200 WEAK BELOW 940 CMP 983
Perfectly working on fib levels Green line is 0.5 of Low to High Blue line is 0.618 of hammer low to All time High 975 imp level if it holds this level New ATH can be seen
On MACD and RSI stock is showing extreme bullishness. Though stock moved from the initial buying point of 920 to 990 but volatility is very low indicating price action to happen. It is experiencing some supply at 1000 levels. Once it close above 1000 sellers will be taken out. Jk tyres and Apollo tyres are also forming bullish patterns, chances are not only they...
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...
The stock has given Consolidation breakout on the daily chart with a good delivery volume. All oscillators are in bullish bios. Closing above 933 will confirm the breakout. We can expect a price target of 1000 in the near term.
I am the first one to publish idea in Goodyear tire on trading view .Chart look good for short term to .Position can be taken for short term with stop loss of 950 for target of 1050 to 1125 and it great stock to keep in portfolio for long term because of its dividend yield of 8% and it can go upto 1300.