down following a double top Using curves to show the waves down Long term bearish
Earlier this month the company disclosed first quarter US deliveries rose 18% to 603,208 vehicles, with the automaker growing its US market share by an estimated 1.5%, the largest of any company in the industry, GM said. GM also reported record electric vehicle deliveries of 20,670, though most of those were for the Chevrolet Bolt EV and EUV — GM only delivered...
General Motors Company - 30d expiry - We look to Buy at 33.55 (stop at 31.83) Trend line support is located at 33.50. A lower correction is expected. We look to buy dips. Prices expected to stall near trend line support. This stock has seen good sales growth. Expect trading to remain mixed and volatile. Our profit targets will be 37.84 and 38.74...
General Motors Company - 30d expiry - We look to Buy at 33.34 (stop at 31.54) The trend of higher lows is located at 33.30. Short term momentum is bearish. Prices expected to stall near trend line support. Expect trading to remain mixed and volatile. Preferred trade is to buy on dips. Our profit targets will be 37.84 and 38.84 Resistance: 40.00 / 41.50 /...
1M Chart, General Motors Company (GM) , on January, 2022, the signals on MACD pierced down from above the histogram and have been diving since, on February 2023 the signals are about to pierce up from below the histogram; The RSI signal bounced on June 2022 at 35, steadily moving towards 50; The price has been steadily moving up after bouncing on $30already...
A good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other...
A good opportunity to long position and get a good profit from the attractive American stock market Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other...
under rated and valued... @ $380Mcap this is a steal ... looks like big funds are discretely getting volume and great news are concealed with DOWNLPLAYE coverage for Q1 and Q2 2023 earnings . Dressing up for $1bn++ mark valuation
I was thinking on my previous idea of a correction for the market and I went to the "cars" charts. The same here for this companies. a correction with the chance of a melt down for this sector. $SPY $F $GM
Wyckoff accumulation about to be completed. The last leg should be 1 big fast drop down to maybe $35 as a start by the 9'th or 16'th in Dec and then some more accumulation around that area before there's a final drop to $33 ish by EOM Dec. That's all.
GM Analysis: RSI 1HR 52 4HR 69 STO 1HR 64 4 HR 60 Findings: there is a gap @ $52 that needs to be closed. Action: Since the RSI and Stochastics are pretty high on 1hr and 4hr we will see a price correction towards $36 BEFORE closing the gap at $52. WATCH the price correction at $36 before going long closing the gap at $52
The big question in every trader mind, where to place my STP loss. most common trading strategy calls to place the stop loss above a SZ (Supply zone) or Below a DZ (Demand Zone), right that seems easy but its not. ask any trader & he will recount stories of price violating the SZ, & the stop loss is triggered the loss is carried (hopefully small) only to have the...
General Motors Company Short Term - We look to Buy at 39.04 (stop at 36.14) The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Further upside is expected. Our profit targets...
General Motors have been recently getting very good news this past few weeks and I feel as if they are going in for a good upward spike. Their revenue is very consistent annually and is mostly on the positive side. Their publicly traded debt is over $100bn but their bond rate has been kept pretty consistent lately. This could take a few weeks, even months, but...
The prospect of a recession hints at hard times ahead for auto producers, including General Motor Company; over the past six months, this stock lost more than half of its value. Additionally, it continues to constitute new lows, confirming the presence of the downtrend. As a proxy to that, we are bearish on the title and expect worsening economic conditions to...
I share TWO of my IDEAS! 1. First Option (1 YEAR) Is done by looking at the Financial Health, Historical DATA and calculating its Fair Value Today 2. Second Option is a Longterm Investment. That depends on the Market and Growth of GM Disclaimer; NO ADVICE TO INVEST and TRADE SAFE!
The company with multiple companies within. After acquisition of PERBIX Tesla became the machine that builds the machines. Not much needs to be said here except: Macro environment plays out for all the known reasons. Maximum fear have not been reached by retail yet. Institutions are buying in. Largest whales Vanguard and Black Rock have increased their...