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.
- 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.