General Motors (GM) poised to continue its rally if it breaks above $40.28. If that happens, there is a possibility of a trend continuation either towards $43.24 or $46.74. In contrasts, a daily close above $37.29 may provide short selling opportunities with a potential retest of $34.31 support. A subsequent daily close below the first support could open the door towards the year to date low of $30.33.