GM potential long setup

By Sid2408
Currently in a wedge from late October, GM looks to be setting up for a long entry in the coming days. A break and hold over 42.11 would likely offer a long entry followed by a break of the wedge (upper blue trendline). The hard stop would be a break under this wedge, or the lower blue trendline. This analysis has not been marked long as it seems to need a few more days to give us an entry.
Support and ResistanceTrend AnalysisWedge
Sid2408

Disclaimer