16.09.2016 - We expect price correction of Goodyear Tire & Rubber

Shares of Goodyear Tire & Rubber has shown strong growth in the last few days inside the rising channel and approached the important resistance level at 33.00. Fixation above this mark will be the basis for continued growth of quotations until 35.00. More probable now is a sharp correction of price to the bottom of the channel and the levels 31,00-31,50. We expect a decline in the near future.

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