Goodyear readies to pierce pivotal support - Analysis - 30-09-2022

Goodyear Tire & Rubber Company's stock (GT) fell in the intraday levels, while leaning on the pivotal support of 10.50, amid the dominance of the main downward trend in the short term, with negative pressure from the 50-day SMA. 

Therefore we expect more losses for the stock, targeting the support of 8.90, provided the support of 10.50 was breached. 

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Expected trend for today: Bearish