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.
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