Most world stock indexes continue to grind higher. All is well. Continue to hold open positions.
One of my subscribers asked about Goodyear Tire&Rubber Co (GT) a couple of months ago. I recommended waiting for price to fade back into intermediate support.
Goodyear Tire & Rubber Co (GT) weekly
Price has done just that and bounced.
I’m recommending a buy on GT.
Closing price on Monday, November 20 was $30.65. Our first target is $36.00. Our risk is closing below intermediate support, the yellow line.
It’s probably going to be a quiet week in stock market land considering the holiday. So, my recommendation is to enjoy the week and eat a lot of good stuff.
Happy Thanksgiving,
Don