coinables

GM Oversold With Possible 7-11% Gain Oppty

NYSE:GM   GENERAL MOTORS CO
GM General Motors is currently well oversold and is over extended below the near and long term moving averages. The 200 day SMA is around $40. If we rebound it gives possible targets of $38 - $39.50 based on previous structure. Also there's a double gap on the chart at 39.50.
Target achieved
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Coming close to 1st target
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