kungfuguo

$GM bullish vs. bearish

NYSE:GM   GENERAL MOTORS COMPANY
63 0 1
Looking at the 1 year data, $38 is a huge resistance area . Breaking and staying above $38 would serve as a strong support, and would lead to mid-term bullishness, however, the volume is dropping. Otherwise, expect to see some consolidation just under $38 or possible bearish reversal. Stay tuned.
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