GMT in the downtrend scenario

٢ أبريل ٢٠٢٢

GMT already hit the 423.6% Fibonacci extension level. In addition, the fully diluted market cap of the GMT is already in the top 15, which seems to be overpriced by a lot. So it needs to correct down to 61.8 - 78.6% retracement level, which is also the support zone.