Goodyear downtrend to support level
NASDAQ:GT The Goodyear Tire & Rubber Company
$GT is in a downward trend from a high of 19.37, to today’s closing at 17.21, the stock dropped further to 17.05 after hours. The stock experienced a double rejection at 18.43 a week apart, making that price a strong resistance level . If current trends hold, $GT will stay under the 17.46 resistance level this Monday and stay under the top trend line the next day. $GT may encounter support at 16.48 and change trends.