GENERAL MOTORS COMPANY NYSE:​GM

If GM continues to respect this downward channel, we should expect the C leg of the ABC impulse before a consequent move downward. 3

The pennant was obviously a reversal pattern at this point, got a back test this morning and formed somewhat of an inverted H&S. In for some calls for a short term trade (probably until Monday). I'm bearish but money flows into the market in January, just like last year. More so because they took the money out last year, so the money has to go somewhere.... ...

Formed a pennant as expected, I'm bearish on this pennant, but it can break upwards if China makes a deal next week.

Trump tweeted today “Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland. Nothing being closed in Mexico & China. The U.S. saved General Motors, and this is the THANKS we get! We are now looking at cutting all @GM subsidies, including....” Nit good for GM

Will close the gap just like last year. Small position in next weeks puts.

GM Short at 236 Fib Area $39 Upper trend line Trade Safe GM

Played GM calls for the gap close today, but I'm guessing this forms another pennant then drops like it did last Feb. Who really expects autos to do well when everyone's calling for a recession? Buying puts if it throws a reversal pattern Friday or Monday. Guessing the computerz will jack the futures up tonight after losing money today. You know it's a short ...

The auto industry has been clobbered due to Trade Wars. China just released some news about reducing tarrifs on US cars going into China. GM has a huge portion of its market in China, so now is the time to long it. Technially, this asset this key fib levels on the way down, and bounced where it should have. Now the bounce has retraced to a perfect spot that ...

Solid Orange is the Sci Phi World . . . Dashed Grey is more of the same . . . Solid Green would be nice. . . I still want Ultralight Autonomous Electric VETOL. for all ! That will MAGas GM!

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GM

As we are publishing this idea, GM pre-market is at 35.01. If GM can break past 35.20 downward trend line, we are looking to go long.

up we should go

I think that looking at stocks that have been forgotten can often uncover substantial upside with attractive risk-to-reward ratios. General Motors currently trades at a 22-month support level after having been sold off from $44 to $33. You can also play the upside with minimal layout using call options. Buy at current levels : $34.38 Stop-loss: $32.80 Take ...

GM Price Trending Down 9 Days in a Row. Since this spiral started on 28-Aug-2018, the stock has dropped -10.1% in total. This is the longest downward trend in the last year for GM. I look at Bear Put and Call spreads to take advantage of this trend. See full analysis in my video. www.youtube.com

GM is breaking down from a massive long term wedge which bode ill for the stock. In the immediate time horizon, would expect GM to shoot for a downside ABCD completion at $32.40, -8%. Would reassess at that point for any bounce/retest of the wedge support. It is amazing to note how much US auto sales have declined from 12 months ago when it peaked at 18.5mn ...

Shares of GM are looking interesting right here, right now. Fundamentally, shares are cheap at 5.8x forward estimates. They also sport a 4.3% dividend that looks safe for the foreseeable future. The technical setup is what has me buying. Shares are testing a confluence of supports: an upward sloping trend line going back several years, previously held support ...

Looks like the stockmwants to bounce. I’m hope full but only buying dips