{"id":5425,"date":"2024-05-27T21:07:02","date_gmt":"2024-05-27T16:07:02","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=5425"},"modified":"2024-05-27T21:07:05","modified_gmt":"2024-05-27T16:07:05","slug":"gtyr-up-50-in-three-months-is-there-more-upside","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/gtyr-up-50-in-three-months-is-there-more-upside\/","title":{"rendered":"GTYR up 50% in three months, is there more upside?"},"content":{"rendered":"\n<p>In this blog post, we will delve into the technical analysis of <a href=\"https:\/\/ksestocks.com\/blog\/tag\/gtyr\/\" target=\"_blank\" rel=\"noopener\" title=\"GTYR\">Ghandhara Tyre &amp; Rubber Company Limited (GTYR)<\/a>.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"819\" src=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024-1024x819.jpg\" alt=\"GTYR technical analysis\" class=\"wp-image-5426\" srcset=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024-1024x819.jpg 1024w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024-768x614.jpg 768w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024-640x512.jpg 640w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024-400x320.jpg 400w, https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024-367x294.jpg 367w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p>Here is my detailed audio analysis.<\/p>\n\n\n\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-24-May-2024.opus\"><\/audio><\/figure>\n\n\n\n<p>Long term trend has just started and is <strong>bullish<\/strong>.<\/p>\n\n\n\n<p>Medium trend is also <strong>bullish<\/strong>.<\/p>\n\n\n\n<p>In the short term, it has stopped at <strong>resistance<\/strong>.<\/p>\n\n\n\n<p>Long term resistance stands at <strong>Rs. 90<\/strong> and <strong>Rs. 150<\/strong>.<\/p>\n\n\n\n<p>A good accumulation point could be between <strong>Rs. 19<\/strong> and <strong>Rs. 28<\/strong>.<\/p>\n\n\n\n<p>But if this opportunity doesn&#8217;t come, look for a price pattern formation over a few months. <\/p>\n\n\n\n<p>Once that pattern breaks out, it could be a good point for entry.<\/p>\n\n\n\n<p>Company&#8217;s EPS was negative last year. Sales trend also down. These are not good signs but so far in last 9 months, company already has a <strong>positive EPS<\/strong>. <\/p>\n\n\n\n<p>Sales are now showing <strong>42%<\/strong> growth.<\/p>\n\n\n\n<p>These are positive signs on a <strong>fundamental <\/strong>level.<\/p>\n\n\n\n<p>Since mid-Feb, it has remained in a <strong>bullish <\/strong>trend. <\/p>\n\n\n\n<p><em><strong>Mr. Israr Ul Haq<\/strong> is a highly experienced and respected technical trader with over 25 years of expertise in the Pakistan Stock Exchange (PSX). He has developed a deep proficiency in reading and interpreting chart patterns, technical indicators, and market trends, which has been instrumental in his sustained success over the decades. He also operates in the Turkish Stock Exchange(Borsa Istanbul).<\/em><\/p>\n\n\n\n<p><em>He can be reached through his <a href=\"https:\/\/chat.whatsapp.com\/IzPIROpdd2GAsOJI80li9E\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>WhatsApp Debate Group<\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>we will delve into the technical analysis of Ghandhara Tyre &#038; Rubber Company Limited (GTYR), a prominent company listed on the PSX<\/p>\n","protected":false},"author":14,"featured_media":5429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[229],"class_list":["post-5425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-gtyr"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-technical-analysis-24-may-2024-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-technical-analysis-24-may-2024-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-technical-analysis-24-may-2024-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/05\/GTYR-technical-analysis-24-may-2024.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=5425"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/5425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/5429"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=5425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=5425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=5425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}