GregFolin

$GM Fades on Fed, but Bolsters EV Profile

NYSE:GM   GENERAL MOTORS CO
GM shares faltered at a potential breakout level around $33. But this one could be interesting. Who's the next big EV play? General Motors. After its Nikola marketing partnership, the company announced a plan to ramp up EV production. The stock faded with the market on the Fed Sell-the-News action. A move back above $33 could set up a flush above $35.
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Comments

Nice work. I tend to think GM will decline over the next two months. PT 23$
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