KhanhC.Hoang

I'm using 48c expired in Jan 2024 to trade GM earning

Long
NYSE:GM   General Motors Company
The daily RSI of GM is trading above 70. This could mean that either prices are in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case).

The MACD is above its signal line and positive. The configuration is positive. General Motors is above its 20 and 50 period moving average (respectively at 37.76 and 37.12).

Supports and resistances:

39.37 **

39.13 *

38.9 **

38.66

38.19 last

38.03

37.88 **

37.48 *

37.25 **

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