Short around $36.60. The intermediate term target would be around $32. Stop zone few points above $37 on volume. This trade would be low risk high reward if successful.
Looks as if a lower high is forming around this level but I dont have that much conviction as the market held up again.
If the stop triggers GM can retest highs even maybe $40?
Looks as if a lower high is forming around this level but I dont have that much conviction as the market held up again.
If the stop triggers GM can retest highs even maybe $40?