GM expected to open at 35.97 for a Gap N Go. To learn to trade this strategy for free go to www.RealLifeTrading.com
GM expected to open at 37.33 for a Retest Gap To learn to trade this strategy for free go to www.RealLifeTrading.com
GM expected to open at 35.35 for a Retest Gap. To learn this strategy for free go to www.RealLifeTrading.com
Bullish momentum divergence on Mac-D signal lines, histogram, and RSI. It is coming off some support as well and we saw big volume come in to stabilize it on the 14th.
Target 1 is a not greedy short term target. Target 2 is rather longer term I guess a few months and only like double profit, so why to "waste" time. Using pretty tight stop loss in here.
GM shares stopped falling in mid-October, bouncing off USD 30.50, a strong historical level. Attempts to break out of the falling band YTD were blocked at the USD 33.80 local resistance level. At this point, the band, within which GM tried to trade up, was breached to the downside. The stock has already retraced to the breakout boundary. Investors can short the...
Failed the 50 ema on the weekly. Bearish candle.
GM expected to open around 32.45 If it opens above pivot point, Retest Gap - wait 30 min then watch for bullish bounce off of 10 or 20 ema on a 5 min chart. Be wary of strong resistance at 33
I am Long $GM with stop loss @ 30. Reasons: 1.Elliott wave is completed. 2. As you can see squeeze momentum indicator just put in valley so its best to get long here for maximum profit. Fundamentals: 1. Stock is trading @ book value. 2. Recall disaster is behind us.
10-1-14: With any broad market weakness, or perhaps just the lack of market strength, GM appears to likely break a trend line that has been important since Jul-2011. With the current wedge being formed the final price objective would be 21-22 range. The first initial drop may take GM to the 27-28 range where there has been support/resistance found in the past. ...
Friends, I ventured to read outside of my cozy Forex interest, and peeked into the US car industry and market. I was quite taken by the divergence between stock valuation and a growing sentiment of impeding collapse. Here is one interesting company that clearly blazes its own trail for the future of the car company. Question is: Can it do this without a...
On the weekly chart GM just broke the neckline of a Head and Shoulder pattern.