jake66

$GM Awaiting New Highs??

Long
NYSE:GM   General Motors Company
Here's a classic breakout situation. We have price channeling for the past few years. However we do have a highly anticipated earnings report coming out soon. Mayne this earning report can take this stock To new highs?

Why I am Long on GM:
- New Cruz Hatchback just came out which will take car/ hatch marketshare.
- Corvettes numbers are solid.
- Camaro new update and high end model will be a huge seller.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.