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GM - Will the general lead again?

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General Motors Company (NYSE:GM)  
CheelooTrader Diupdate   
NYSE:GM   General Motors Company
Trend Analysis Chart Patterns Technical Indicators generalmotors EV
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trendanalysis chartpattern indicator generalmotors ev

  • Price sitting at the confluence of 200 DMA and 60 VMA. If it continues to build above, likely tests the upper range of this channel and set up nicely for a breakout.
  • Upside targets: 41, 47, 54
  • Bear case: loss of 200 DMA could bring this down to the bottom of the channel to around 31.
  • Disclosure: no position yet.
Trade aktif:
Playing out perfectly. Now should see another pullback at 38 and pivot there for higher move to 40.
Support now 37.5 (Buy here)
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