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...
As you see on the chart we have a good opportunity of selling after a breakout of vwap and the support line.thanks.
$GM Analysis, Key Levels, and Targets Dang… it’s so fun to look back at my old projections and watching them play out… I don’t always play them… Target 4 & 5 I have alerts on… Anything underneath that gap is a screaming buy… that’s also another 28% down…. Play what you see… What sectors do you guys see doing well in the next few years... I'm sorry I've...
Inverted H&S approach on General Motors See how it plays out
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!
As you see on the chart we will have a big probability of a downtrend.thanks.
General Motors Company $GM stock is currently in a falling wedge pattern and appears to have broken out on the Daily timeframe. Let's see if its breakout can hold, and if so, could be a very bullish sign.
GM printed a double bottom pattern on May 12 and Friday near the $34.58 level. On Monday, the stock was attempting to react bullishly to the formation but rejecting at the eight-day exponential moving average. GM has been trading in a consistent downtrend since May 4, when the stock topped out at $41.24. The downtrend is likely to continue unless GM is able to...
As you see on the chart we will have a big probability of a downtrend because we have a breakout with force the vwap indicator by a big candle with a large volume.thanks.
US auto GM, F & TSLA 1 day chart YTD comparison %$ and p/e: GM = p/e 5.983 F = p/e 4.518 TSLA = p/e 97.117 GM = -38.15% F = -7.52% TSLA +15.64% Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help...
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As you see on the chart , after a breakout of the vwap indicator , we will have a big probability of a downtrend.thanks.
if we hold this support a bounce to 39.4/higher will follow, but a break below will send us tanking to 35.67-33.76-31.85
GM will be going to $48.6 from falling wedge formation break out .Looking good for Swing traders. For day traders ,a top down analysis on 4H and 1H charts using Fib retracement and S/R (bounce $40.78-48 area)
Daily Report Is GM getting ready to breakout. It is forming a falling wedge on the daily chart. The RSI is showing a breakout which usually happens before the price breaks out. A breakout can easily take GM to 47 resistance level.
I'm going to short General Motors, my target price to exit is $20. Let me know in comments what do you think.
Good morning all! On this stock we will have a downtrend. Breakout with force the resistance and the support line with force by a big candle with a large volume.