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jaxdog
Jan 5, 2024 3:53 PM

$GM Ready for Flat Base Breakout? Long

General Motors CompanyNYSE

Description

NYSE:GM I have an alert set right on this flat base resistance line. Should it trigger I will go long with a stop just under the days low. See chart for more details.

Wolfe Research Upgrades General Motors to Outperform From Perform
Jan 4, 202408:27 EST
General Motors Company
GM has an average rating of outperform and price targets ranging from $27 to $95, according to analysts polled by Capital IQ.
Comments
sdfry
It's warming up 🚀
jaxdog
@sdfry, It is looking good. If / when the market as a whole moves up, GM should follow. TBD, but high on my watch list. If you take the trade please make it your own and manage risk. Thanks for the comment.
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