Multi-Timeframe Analysis:
Hourly Chart: getting out of consolidation pattern ( Bullish )
Daily Chart: getting out of downward regression channel + Three white soldiers pattern ( Bullish )
Trading volume in comparison to the last 5 days:
Weekly Chart: Bullish Outside bar
Trading volume in comparison to the last 4 weeks:+4%
Monthly Chart: Price action to support level.
Trading volume in comparison to the last 12 months:
Conclusion: I believe GM could take its previous top back, and even move further..!
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.