workingtraders
Short

Short idea for $GM

BATS:GM   GENERAL MTRS CO
107 2 3
Bearish Harmonic Pattern .

Looking to get short on any rips towards 37. Looking for low volume push into the short zone. Showing me that there is no conviction in the stock.
First target 34 and second target is 32.

MACD has a bearish trend .
shorted at 37.45
The overall market is soft too which in turn should help pulling this down.
taking 1/2 profit here 34.43
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took half profit at 35.70
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