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>>>
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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...
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...
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.
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.
GM
Running out of fuel.
Daily chart analysis
After reaching all-time lows during start of Covid back in March 2020, GM went to reach all-time highs by June 2021. All that fake money that was printed during covid sent the stock market soaring.
By December 2021, GM ran out of fumes and couldn’t break the all-time highs and a Double top pattern was formed.
To...
Analyzing the options chain of GM General Motors Company prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2024-1-19
for a premium of approximately $1.14.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your...
I think that these two stock will trade in opposite directions to each other, so I am tracking the ratio between the two stocks, and it looks like General Motors has just about hit the limit to the amount of ChargePoint shares it will be able to buy, and so I expect a decline in GM price and a Rise in ChargePoint's price from here.
