Adrian_Armentia

GM bullish momentum above USD 35

NYSE:GM   General Motors Company
GM is soaring back from USD 35 levels (close to USD 34,71 support level ), supported by:

Fundamental:

-USA&Mexico trade deal, which will positively affect their exports/imports between USA and Mexico.
-Possibility of including Canada in the trade deal.
-Less tensions with China in terms of tariffs.

Technical:

-USA Index bullish momentum.
-RSI convergence.
-Strong support levels at USD 34 - 35 range.

As a result I see a bullish momentum above USD 35 level.

Enjoy your trading!

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