Goodyear Waiting for a Break Out?

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Goodyear Waiting for a Break Out?

Published on Wednesday, 18 January 2012 08:16 Written by TradersHuddle Staff

New York, January 18th (TradersHuddle.com) - Shares of The Goodyear Tire & Rubber Company (NYSE:GT) closed the trading session at $13.36 near its 50 day moving average currently set at $13.78. Goodyear's price action is below this important level, which makes the stock difficult to buy, as there will certainly be resistance as it approaches its 50 day.

The Goodyear Tire & Rubber Company (NYSE:GT) main activities are to develop, manufacture, market and distribute tires and rubber products. The products include lines of power transmission belts, hoses, rubber products for transportation industry and rubber-related chemicals for various applications. The company

Goodyear Tire: S&P Intraday Gainer - TheStreet.com
Goodyear Tire & Rubber Co (GT): Today's Featured Consumer Goods Winner - TheStreet.com
Goodyear Tire & Rubber Co (GT): Today's Featured Consumer Non-Durables Loser - TheStreet.com
Jeff Middleswart: Goodyear Will Declare Bankruptcy - Benzinga
Goodyear Will Redeem $650M in Senior Notes - Benzinga
Goodyear Announces Pricing of $700 Million of Senior Notes - Benzinga
UPDATE: Citigroup Lowers Target on Goodyear to $21 - Benzinga
UPDATE: Deutsche Bank Cuts Target on Goodyear to $20 - Benzinga
Goodyear Tire & Rubber Stock Falls On Unusually High Volume (GT) - TheStreet.com
UPDATE: Goodyear Swings To Q4 Profit - Benzinga

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