General Motors Company GM

TradingView Updated 

Hey everyone! 👋 This week, we wanted to do something a little different. As you may have guessed from the title, we're running a trading idea competition! The prompt for this competition is simple: Post your best pair trade idea for the given market conditions. Your idea's time horizon can be anything from the next week, all the way through the next several...

IvanLabrie Premium

I like the setup in $GM, which I think can move fast here if EV names gain traction. I'm already long $F from lower in my long term account, but want to add a short/mid term position in $GM here. Valuation is not as interesting and I don't particularly love Mary Barra's execution or her being prone to corrupt political shenanigans with Unions and Biden backing...

hungry_hippo

Flipped my calls and called it a day trade since it went up over $2 for the day, but looks to me like it wants to double top. I'm always weary when the market pumps bad news though.

MARKETLYTICAL Pro

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

hungry_hippo

Like I mentioned a while back, it's back to pre-COVID levels and bouncing. Daily MFI is overbought, though RSI is not there yet.... much like PCAR

ajoenamedjoe Pro

I can't imagine many people are buying new and used cars headed into a recession. Guidance will be pretty key, and I think GM's going to start looking bearish.

Cousin_Fat_Fat Premium Updated 

NYSE:GM GM Weekly Fork-Waves It looks like GM is about to enter Wave 3 of a larger-degree Wave 3. This goes against the current market sentiment. This is valid as long as the July low at $30 holds. Fat_Fat

Sir_pookie

Gm is finna fall as you will maybe see if im right

dyweikun

NYSE:GM Lower High has been formed and the Lower Low has been breakout! Minimize the risk by using Trailing Stop every time the Lower High been formed, according to the fractals.

greatful-me Pro+

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...

hungry_hippo Updated 

Looks to me like it's headed back to support, will probably try to play the bounce then. At this point, every GM trader is probably thinking the same thing so it'll probably get there quickly. Not sure when, but I would short any big bounces, no position right now, not gonna chase this big drop

kostaskondilis

gm 2 scenarios .. 1] buy above the resistance 1 and 50ma .. 2] sell under the support 1 and 200ma ..

VantageMarkets Premium

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...

SpecialeAnalysis Premium Updated 

Price action confirmed a breakout to the upside. Price is above the 50 day, the target is below the 200 day. RSI is bullish, volume is green. I've identified the ideal entry, stop and target.

Najib20

Negative divergence on the RSI, bad looking daily candle

EPSMomentum Premium

The PEAD projected a Bullish outlook for $GM after a Negative over reaction following its earnings release placing the stock in drift C.

FLEXxPointsx

Last week (previous candle), we have located a potential market anomaly. A shooting star candle with above average buy volume. I feel like bulls that missed out or still attempting to squeeze juice from the July 11th rally may get some tough days ahead. Price could continue to rise a small bit. However, we are waiting on distribution which should take us to the...

spamgod

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...