timstrading
Long

GM WEEKLY CHART.

NYSE:GM   GENERAL MTRS CO
34 1 0
looking for a buy entry signal on the daily or 4-hr charts of GENERAL MOTORS as price seems to be stalling at an important level which has held well a few times in the past...

adding to the above , based on pattern trading methodology, price has come to a completion of a bullish cypher pattern( IN BLUE)..at D..
As expected GM opened higher...in my view wait for the retrace and go all in on a swing based play for a retest of high 30s and low 40s price area in the near term...
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