hey guys whats up its amir So General Motors, what exactly do we have here: - Beautiful bearish flag just got broke down - I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the...
GM Retesting $18 - Bearish Flag Formation; Airbag Recall + Unsold inventories + UAW strikes and layoffs as cover up for failed pricing strategy. Major FAIL>>> The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
GM About to blow. After receiving those COVID bucks that propelled its stock into a nice uptrend, GM spent most of 2021 in a distribution stage, forming an M-top pattern. The price entered a downtrend in February '22 and finally found support in July '22. The price entered a sideways range, initially resembling a rising wedge but later developing into a...
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...
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...
Repetitive test of support, looking for a bounce, maybe this time it can breakout and retest ATH? If not, a nice 21% move is can help.
The chart shows a clear consolidation channel, within which you and I will now earn money. I’m trying to go long from the current ones with a target of $39. Buy signals have been generated on the daily chart, so I will try to implement this scenario. Not an investment recommendation. Good luck to everyone. If you liked it, subscribe.
General Motors Company - 30d expiry - We look to Buy a break of 34.33 (stop at 32.53) Price action looks to be forming a bottom. Bullish divergence is expected to support prices. Posted a Double Bottom formation. The bias is to break to the upside. Trading has been mixed and volatile. Expect trading to remain mixed and volatile. Our profit targets will be...
there'z uh heavy accumulation divergence on this one, heavy support. we're in 30 CALLZ now
GM long position. Market below Lin Reg and MACD on H4. Confirmation on H1 to take long position with 2 TP. Tp1 at $38 and 2nd at $44. SL at $32.39. Warning!!!! This content should not be interpreted as financial advice
General Motors ( NYSE:GM ) stands out as one of the underappreciated stocks in the current market. With a Price to book Ratio under 0.70. I currently have a pending order at the price of $32. In recent months, they have been making significant investments in the fields of AI and electric vehicles (EVs). One of their recent notable investments 👇 GM INVESTS IN...
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.
Hourly Chart Bearish Alert and Bearish Crossover on top of this strong bullish wave. Waiting for a bearish price action to get an entry level.
Although consolidation over the last year has given ample trade opportunities we are looking for a breakout above or below supply & demand zones.
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...
Price sitting at the confluence of 200 DMA and 60 VMA. If it continues to build above, likely tests the upper range of this channel and set up nicely for a breakout. Upside targets: 41, 47, 54 Bear case: loss of 200 DMA could bring this down to the bottom of the channel to around 31. Disclosure: no position yet.
Hourly Chart. Bearish Crossover of the 21h on the 50h. To be confirmed I look for a bearish price action. Waiting for it.