General Motors ( NYSE:GM ), the Michigan-based automaker, exceeded Wall Street's predictions and raised its annual forecast in its first-quarter report, citing stable pricing and demand for its gas-engine vehicles. The company increased its adjusted pretax profit projection to $12.5 billion to $14.5 billion, from its previous range of $12 billion to $14 billion...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
DM projection sends us to monthly roof Camarilla R4 level. Right now we are at the monthly pivot (coincides with R1) as you see.
If setup fails we will end up at monthly S3. It should not. Things make sense here. Gaps work the best.
This is no financial advise.
This is only a trading capability - no recommendation !!!
While january`17 maybe i`ll confirm or change my opinion :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
