GM out of gas. GMWe have been following this one for a while suspecting a giant zigzag or flat. Our expectation has been confirmed. And this is why we use Elliott. It is the only system known to us that is truly predictive of the market. Other system, in our opinion, are practical gambles situationally. This is not to mention that combinations involving Elliott, like the ones we use, are significantly more profitable than any other system we have tried. It is a difficult system to master, and we have met only a handful of true masters of Elliott.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
GM
$GM Key Levels, Analysis & Targets $GM Key Levels, Analysis & Targets
Well Dang, target 1 hit and I guess I should have posted this yesterday when I was charting it… so Target 1 hit already LOL…
Target 2 is on my radar… no position at this time…
GL, y’all…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
(\_/)
( •_•)
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General MotorsLooks like a double top was confirmed here. I would love to see a W pattern form now for a better price. With the fear of the new COVID variant, potential rate hikes next year, and high CPI reports, some investors may be dropping this stock at the moment which is understandable to some degree. I can see how investors may fear that there may be less car sales next year due to mainly not as much driving if the variant gets worse as well as the interest hike having an affect on vehicle financing. However, this company has proven its ability to weather the storm when COVID introduced itself to our soil. This is still America's car as well as Ford respectfully. Since 2018, assets has outshined liabilities, total equity has been increasing steadily, cash from operating activities have been stable, they have been taking on some new debt but not as much as they have between 2017 -2018, and although they are cashflow negative, it has been increasing since 2015 (-11.27B down to -3.86B). They have also been doing a decent amount of work in the investment area. They've recently announced plans for VAC (Germany materials company) to build a plant in the U.S. that will manufacture permanent magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen other models using GM’s Ultium Platform. They've partnered with MP Materials the formation of a strategic collaboration to develop a fully integrated U.S. supply chain for rare earth magnets. They've announced plans to invest more than $51 million to install state-of-the-art equipment at its Bedford, Indiana aluminum die casting foundry to support the manufacture of drive unit castings for the upcoming Chevrolet Silverado EV and other current casting applications. They've also announced plans to form with a joint venture with POSCO chemicals through which the parties will construct a factory in North America to process critical battery materials for GM's Ultium electric vehicle platform. They've done all of this in December. Let's see what happens! Nothing like a Chevy and an slice of Apple Pie!
Not Advice!
"It's not about being right more than it is about being smarter than your last trade!"
$F beginning to outperform peersF compared to the etf CARZ which represents the overall auto industry has broken with strength a long downward trend in the performance of F in comparison to the industry and it has done so with gusto. I believe this trend in Ford's outperformance will continue.
F-150 Lightning will be one of the number one selling EV's. Ford sold 780,000 F150's in 2020 alone despite the supply chain/chip issues and pandemic. It's going to be a monster of a profit puppy.
There also appears to be an emerging golden cross on the 1-month chart.
GM - GMwagmi - Target x10?GM - GMwagmi - Target x10?
Meme coin - We are all human, no matter what race, gender, or sexual orientation, we all wake up and say “good morning”. Saying good morning is more than just two words, it has ushered a world wide movement. When you wake up you say gm and when you see others you say gm. It is our goal for 'gm' to be a supportive environment that is inclusive to all people.
GMWAGMInot looking too hot here
looks more like a descending triangle than a falling wedge to me
given coins like $wagmi are coming out with incredible utlility
is this the end of memecoins to be replaced by rebase memecoins?
GM WAGMImemecoins LOVE fib levels as the markets are just psycology at the end of the day, no updates no upgrades just culture and chart
the falling wedge played very well and we almost tapped the .618
ill reiterate that this thing is less than 2 weeks old and quickly forming a massive culture community
the marketcap is still small if it wants to go full culture coin but it is already at 100Million so pretty good start for a 2week old memecoin... bigthings for this one
i havent been as stoked to see a memecoin pumping since early doge, memecoins are about the way the meme makes you feel
people hodl these coins for that reason
seeing doge pump was hilarious
seeing this coin pump, just reminds you to have a good morning, and that we're all going to make it
which is incredibly reaffirming meme
gonna hodl my moonbag till the end because of this
id expect retail to do something similar :)
General Motors Company (GM) - shortSignals
Position: Short
Target Price : $58
Entry Price: $64
Stop loss: $66
Indicators
RSI is above 70
STOCH is above 80 and the indicator has negative, meaning is could have already reached the peak
MACD is only slightly above the signal line
The stock price is in the upper band of the Keltner Channel
Analysis
The stock is in an uptrend, made of impulses and pullbacks but has now reached the resistance level after two long bullish candlesticks. Nevertheless the MACD does not signal a strong bullish momentum and Stochastic indicator and RSI already show an overbought stock. Furthermore the stock price is currently above the upper band of the Keltner channel, so we can expect it to retrace back to the closest moving average. The entry price is at resistance level, and we use the Fibonacci retracement tool to set the profit target at the 0.618 level.
No financial advice.
Hertz Ponzied - Gap Down Sell Off - Avoid the FOMOMeme stonks are about to collapse with crypto. Valuation matters. Rising rates US5Y new multi year highs. Finally. That's great for small cap gems.
Crypto & Meme Stonks to #cannabisreform
States Reform Act - Today 2pm ET
$KERN has the Compliance Data SOFTWARE. #thegem
how to #valueinvesting #investingnfts
$GMWAGMInew memecoin
could be a culture coin
moonbag status
is up 10x since listing on uniswap a week ago
now listed on bigger exchanges
google search trends #wagmi are at an alltime high
they were searching for the meme we're all gonna make it... as its that commonly used in crypto internetslang
$gm goodmorning became a more common way to introduce onesself on twitter reddit or discord channels
meme potential is high here
maybe not as high as og doge the king of all memes
but still high given google search data
its in a falling wedge currently see how we go
but mcap potential is a long way for memeculture coins as weve seen with doge and shib
so id say im bullish overall for the q4 crypto hypewave
memecoin analysis is difficult so apologies if this wasnt very helpful
11/14/21 GMGeneral Motors Company ( NYSE:GM )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $63.40
Breakout price trigger: $64.00
Buy Zone (Top/Bottom Range): $62.75-$60.00
Price Target: $74.00-$76.00 (1st)
Estimated Duration to Target: 47-50d (1st)
Contract of Interest: $GM 1/21/22 70c
Trade price as of publish date: $2.03/contract
W - 275+ BOUND - WAYFAIRAll,
I think W after latest crazy EPS should rebound out of this broadening descending wedge (very bullish pattern) almost a descending speed arc. I see at least $275 at this. This will be the 4th retest which is the one that breaks typically.
1000% EPS is no joke whatsoever. I think personally we see 190-220 in no time, but for now with the market the way it is I see $275 in reasonable/attainable timeframes.
FuelCell Energy $FCEL - EV Infrastructure Opportunity Trading Options, Buying Calls. This & #plugpower $PLUG look like great #valueinvesting plays. Biden's "Buy Ametrican Act" paired with a rising rates environment make them prime candidates for future success. Avoid the FOMO storytelling adventures like $SHIB $TSLA $RIVN $AMZN *made in China #stonks
GL
Go #cannabisreform $KERN CEO - USCC Chair
TSLA - PUTS - OPTIONSAll,
First off I like TSLA, Elon etc. They had an absolute monster run, but what goes up most come down (some). I think we see 760s or 750s retest. Adding PUTS once it fails up here and volume dies off. Also some semi not great news recently. Once again TA and bull run coming to an end I think.