Here is a 3 bar play also known as a 1-2-3 pattern accompanied by a bull flag on the 5m that has already broken out. Will be looking to ride calls up to the dotted line level which is the last swing high. Simple but effective. If price is not able to hold above the green "Calls" level then the play will be invalidated.
General Motors Company (GM) has completed 3 days of trading above the 4H MA50 (blue trend-line), with the 4H RSI almost 60.00. The long-term pattern is a Triangle and the recent Double Bottom was within the Higher Lows Zone that is in place since July 05 2022. Every time the price broke above the 4H MA50 after a 4H RSI oversold bounce on Higher Lows, we had a low...
AXL, after giving us a decent type 1 reaction of the 0.886 PCZ, has now begun to slow down and has developed a 3 Falling Peaks pattern with a 4th lower peak for good measure, and it now looks to make a type 2 return to the HOP level, which would take it just below $1.00 if it plays out.
Hi my friends, Welcome to this analysis about the stock value GM, we are looking at the 4-hour chart, I noticed a divergence between the traditional car-industry stock like GM at the moment and the new electronic cars TSLA, while TSLA going down GM went up the last days. This is an interesting divergence worth to look nearer in, nevertheless, overall GM was one...
🔹Rising trend breaking downwards in medium long term. 🔹Currently testing support at 210, which could potentially signal a POSITIVE reaction, but a downward breakthrough could indicate a NEGATIVE signal. 🔹Low RSI indicate oversold and potential rebound reaction. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB -...
FORD on the one hour chart has been trending down with dynamic support from anchored VWAP lines. However the zero lag MACD is showing some bullish divergence with upgoing MACD and signal lines in parallel from a cross under the histogram which converted red to green. There was an associated spike in volume in the range of 3x the mean. The last earnings report...
Buy Aug-04-23 38 Calls @ 0.47 Limit to Open Buy Aug-11-23 38.5 Calls @ 0.53 Limit to Open 2 buy for this week and the following. Good prices, at support zone and oversold CCI.
To make money from stock market you don't need to invest even $.50 cent and still make $ 1M Year on Year Go cash Secured = Make 1 M $ Our pivot point is at 261 The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Tesla is trading above both its 20 and 50 period moving average (respectively at 266.54 and...
Ford is one of the richest charts among all of the U.S. equities to chew and savour for an analyst. The reason is, its relevant price action to today spans some 22 years, and we can only see it on the monthly: Notably, $26~ was a curious place for price action to stop and reject 18 months ago, leaving monthly hallmarks of potential targets And looking at the...
FORD on the 2H chart double topped in mid July and then descended as it had reached the second deviation line above the mean anchored VWAP. It continued the fall had a bit of pre-earnings run up and then paradoxically fell with very decent top and bottom line earnings. If you know why please let me know. After earnings and the fall, FORD reached the...
Analyzing the options chain of GM General Motors Company prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2024-1-19 for a premium of approximately $1.14. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your...
ChargePoint has come back to the PCZ of the Bullish Bat and The Ice Line of the Range; presumably to fill a gap that it had created several days ago when it gapped up from this level. Now that the gap has been filled, I would expect to see this level hold much the way it did last time and go for the Bullish Breakout of the Descending Supply Line from which could...
NYSE:GM bottoming pattern that started last year and wedge pattern ready to break out.
General Motors, a multinational corporation based in the United States, was the leading automobile company for 77 years until Toyota surpassed it in 2008. Despite this, GM has consistently ranked among the top 15 companies on the Fortune 500 list, and recently moved up from No. 8 to No. 5. With operations in eight countries and four brands, GM is also involved in...
FORD ( F) significantly surprised on earnings no matter that a recession may be underway and no matter its balance sheet is saddled with debt which is increasingly more expensive to services. Pre-orders for the Lightning F -150 are strong. On the 2H chart, price has yet to react to the earnings surprise. Volume has picked up but nothing dramatic. The...
On this weekly chart I have set up the running ratio of shares of TSLA to shares of Ford over a time span dating back to pre-covid times. Added to the chart are a set of EMAs as well as zero-lag MACD and Directional Index indicators. TLSA dominated early and the ratio steadily increased. Given a choice between TSLA and F the longterm investor would buy the...
GM is on a 4H chart. Fundamentally, the last earnings were good. GM is challenged by the adoption of electric vehicles and the transformation of its core business. Small EV companies ( CANOO, RIDE, WKHS, FFIE, MULN) are mainly undercapitalized noise. The competition is really TSLA and Ford. Earnings upcoming are April 25th Technically, the price has been...
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...