General Motors posted stronger-than-expected earnings in the third quarter, there is a positive reversal on RSI ( Vertical doted lines) indicating that stock might reach 38.29$ as primary target(pre market (36.6$)) coinciding with resistance level ( red horizontal line).
On another note, the recent trend is up ( black doted line), and a lot of news are circulating about heavy investments made in electric vehicles development. No position yet but keeping an eye for that 38.29$ level ...
Things could change drastically for the battered US cars manufacturer.
On another note, the recent trend is up ( black doted line), and a lot of news are circulating about heavy investments made in electric vehicles development. No position yet but keeping an eye for that 38.29$ level ...
Things could change drastically for the battered US cars manufacturer.
Trade active:
Buy at market price minimum target 45$, don't risk more than 2% of capital
Trade closed: target reached