GENERAL MOTORS COMPANY NYSE:​GM

Short term looks like it'll reverse before earning next week.

On the hourly chart of GM shares, the price managed to close the previous gap which coincides with 0.786 Fibo level. After that, the instrument has changed its trend direction according to Bill Williams` trading strategy into a bullish one and formed a buy fractal.

GM currently stopped on the major 200 day moving average. The overall long term trend is up. Having a choppy climb from $19 since 2012 I think this is safe long play. Buying once couple days of strength in bulls direction shown. Selling if break and close for 2,3 days below that 200 ma Weekly at mega support of $40ish. Breaking that would be a strong bear ...

Stock futures slumps for more than 1% in Asia market today. Also, GM got an inside day here; Yesterday it tried to break the 45.00 fig level and the bearish bat but failed, if the bulls are able to break the inside day, the momentum probably is able to takeover the size. Generally I am quite bullish in GM as it's ridiculously cheap with 6-7x multiples and solid ...

...miss something? Maybe this electric car thing? The market has recognized it already, but the Germans are still waiting for governmental subsidies and still pay high dividends instead of investing in R&D/ technology. Now some "big bills" for the this "Diesel Thing" will come in and again, this money won´t be invested. And more threats are around, like trade ...

Intriguing behavior: - Same relationship found in yellow and orange waves: (3) = 161.8% of (1) (iii) = 161.8% of (i) (4) = 61.8% of (3) (iv) = 61.8% of (iii) - Both degrees violate traditional EWT in the same manner. - What currently in place: (v) = 123.6% of (i)+(ii)+(iii) Extrapolate this relationship to the higher degree: (5) --> 123.6% of (1)+(2)+(3) III ...

A bullish signal on GENERAL MOTORS (GM). After the breakout of the dotted line, the price has realised a Pullback. Target in the area $ 44.30, the stop loss at $ 34.90.

Clear signals to short?

https://www.tradingview.com/x/fDBX8jLG/

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GM General Motors is currently well oversold and is over extended below the near and long term moving averages. The 200 day SMA is around $40. If we rebound it gives possible targets of $38 - $39.50 based on previous structure. Also there's a double gap on the chart at 39.50.

Weekly chart. At bottom trend line. Looking for entry.

head and shoulder pattern in GM!

So far, GM has carved a "cup of coffee" pattern with a "handle" being the latter what the price is drawing right now. On one hand, one could try to take advantage of it by buying the stock in the lower trendline of the channel and selling it in the upper line (1). On the other hand, one could wait for the price to close above the channel and target the projection ...

I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. I just published an idea regarding General Motors which covers a slightly different angle of the same idea I'll publish here. I won't go into as much detail with this one. This one is in line format and the other one is in candlestick ...

I am not licensed or certified by any individual or institution to give financial advice. I am not a professional Stock trader. I recently published an idea stating I was bullish on General Motors because I saw a rolling pattern. If, after earnings, it continued up I would buy a bullish play. It did, kind of, and I bought a Call option on Friday as I saw the ...

I believe that General Motors is a strong buy right here. It is in a flag formation and has retraced to the 0.618 Fib level off its most recent move. It has also closed its gap up which was made on the past bullish run. These are all signals pointing to a great GM buying opportunity! With earnings tomorrow it may be smart to hold out until seeing their results, ...

I am not licensed or certified by any individual or institution to give financial advice. I am not a professional stock trader. I believe General Motors is in a rolling/consolidation pattern, at least for the short term. I have two possible support lines drawn. The bottom support line is drawn off the Gap from September 25, 2017 (it's possible to draw a third ...