GM
Technical Analysis Of 15 Stocks!Hi,
Again, I would like to liquidate my old debts considering stocks analysis. At the time, there was relatively little interest in mentioning your favorite stocks, it was quite impossible to make a solid "top" of that. I solved it that way, I put in this idea some stocks you mentioned here that were at least worth analyzing and some of the choices that I am currently interested in.
You should find some ideas on what to look for, lots of stocks from different sectors so, pick it or skip it:
1) AMD - Advanced Micro Devices
2) AAPL - Apple
3) BABA - Alibaba Group Holdings
4) RYA - Ryanair
5) LUV - Southwest Airlines
6) MCFE - McAfee
7) IBM - International Business Machines
8) NOBI - Nobia AB
9) PENN - Penn National Gaming
10) EA - Electronic Arts
11) TCEHY - Tencent
12) TTWO - Take-Two Interactive Software
13) STX - Seagate Technology
14) GM - General Motors
15) STNE - StoneCo
Hopefully, you found something interesting to go deeper about your research. Definitely do your own research, don't follow blindly!
Also, you can share your stock (ONE) in the comments and if I saw something there I can replay it!
Regards,
Vaido
GM Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
What is Technical Analysis?| An overview of practice Previous price movements, according to technical analysts, can be used to forecast future price movements, whereas fundamental analysts believe that economic fundamentals drive market movements. Understanding the differences between fundamental and technical analysis, as well as how to combine the two, can be extremely beneficial to traders. Many traders have discovered that technical analysis can assist them in risk management, which can be a significant barrier for inexperienced traders. Once a trader understands the concepts and principles of technical analysis, he or she can apply them to any market, making it a highly versatile analytical tool. Technical analysis, when done correctly, seeks to detect patterns that may be created by the underlying fundamentals.
The following are some of the benefits of using technical analysis:
It can be adapted to any market or age group.
Technical analysis is used in isolation on occasion.
It allows traders to spot and profit from market fluctuations.
Charts are required for technical analysis. Because a security's price is the most reliable indicator of the market's past and current performance, it also serves as the starting point for evaluating transaction options.
A chart depicts price movement, which is the most reliable indicator of market activity.
Charts can be used to determine the overall trend, whether positive or negative, long or short term, and to identify market range bound situations. Nowadays, the most commonly used technical analysis charts are line charts, bar charts, and candlestick charts. Each period of a bar or candlestick chart provides technical analysts with information such as the starting, high, and low values, as well as the closing price. Candlestick research is advantageous because the patterns and relationships depicted within them can be used to generate highly accurate price projections. Once a trader has a firm grasp on the fundamentals of charting, he or she can use indicators to help determine trend direction. Indicators Technical traders use indicators to scout the market for trading opportunities. Despite the abundance of indicators available, traders frequently rely on volume and price-based indicators. These may indicate the location of support and resistance levels, the frequency with which they are maintained or broken, and the duration of a trend. A trader can monitor market price movement over time periods ranging from one second to one month. Moving averages and MACD are frequently used to anticipate potential entry and exit positions, as well as to identify market trends. Indicators help traders analyze the market, validate trade setups, and determine entry and exit points. Technical analysts believe that previous price movements can be used to forecast future price movements, whereas fundamental analysts believe that economic fundamentals drive market movements. Understanding the distinctions between fundamental and technical analysis, as well as how to combine the two, may be extremely beneficial to traders. Many traders have discovered that technical analysis can help them manage risk, which can be a major barrier for inexperienced traders. Once a trader has mastered the ideas and principles of technical analysis, he or she can apply them to any market, making it an extremely versatile analytical tool. When done correctly, technical analysis seeks to detect patterns that may be caused by the underlying fundamentals.
GM - The Tesla Crusher - EV Push - Valuation & Sales*rising rates environment will smash the Dogefathers Ponzi Pogs. Forward P/E is a NOGO from now on. *valuation & PROFITS NOW matter most.
I'd enter with a 50% stack. DCA if need be. I doubt you get a chance at anything meaningful. The chip play for EVs and others.
#checkmate STORYTELLERS
#investingnfts
Go Small Cap Gems!
GMDetails are in Photo. GM is a great company in my eyes. I do feel mixed on the auto industry with the variant and other catalysts in the reports that are being released economically. I wanted to catch this at a support level on a larger time frame. Just want to keep it simple. I didn't do any options because I wanted to stay away from theta just in case. Looking for $60 no matter how long it takes....not advice.
IBM CONFLUENCE RESISTANCE - GAP ABOVE - ALL IN ON IBMAll,
I think IBM is primed to breakout big time downtrend is almost broken and would regain a lost massive support of an uptrend. If this gaps or breaks above I kid you not I will be closing other positions and going long call options with 2-3 month expiration on this and scale in every dip this could hit 180s with ease after breaking.
GM UptrendSince the beginning of the year General Motors has started doing healthy bullish things on its chart.
We have another uptrend that is in play, and if the trend holds we can look for a retest of the $60.30 resistance level. A break and hold above that level could send us 15% to the upside to the top of the channel.
***Also, please be aware that the current market is fueled with uncertainty at the moment, so a breaking of this uptrend is very much possible. Until then, however, we assume GM remains in the trend until it doesn't.
If the trend breaks, we have our stop losses at $57.43 and the final line in the sand at $55.82.
Technical analysis update: GM (13th July 2021)GM did gap up (at the open) towards resistance when U.S. market opened on 9th July 2021. Today it held just below resistance and did not retrace its gap. RSI and Stochastics reversed to the bullish side. MACD is neutral. ADX is very low which suggests weak trend or no trend in GM. At the same time price retracement failed to occur. If retracement fails to occur in the following days then bullish case for GM is strongly bolstered (for short term). Our short term price target is 60 USD and our medium term price target is 65 USD. However, investors should pay attention to the price action in GM over the coming days as earning seasson begins and with it we may see increased volatility in the market.
Current setup:
Prior developements from 26th May 2021:
Here we stated that GM entered rectangle formation. We correctly predicted breakout above resistance and subsequently reached price target of 60 USD and 62.50 USD.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
TSLA PUT PLAY (IF IT FAILS) HUGE GAIN 460SAll,
Pretty obvious what happens when TSLA hits this downward trend. I will be buying PUTS .. IF!!!
1) it clearly loses buying pressure
2) no positive news
3) selling pressure
4) BREAK of previous high
Any of these not occuring and it finally/somehow breaks it there will be a massive bull run at least 740+ afterwards in which I will be bullish.
Bearish outlook for GM. GMWell, for the next week anyway. ABC zigzags are underway.
Fibonacci goals are in green, and invalidation is in red. We know of no more powerful tool in analyzing the markets other than NeoWave / Elliott Wave theory when correctly combined with a few tools in out belt. Make sure to remember that this is not financial advice, and we never give financial advice on this channel. It is your job to create or seek out your own. Good luck out there and be smart!
Technical analysis update: GM (26th May 2021)General Motor remains in neutral trend. It currently trades within rectangle formation. Its ADX is very low, however, crossover in DMI points to possibility of new trend. Furthermore, RSI, MACD and Stochastics turned bullish over last month. We believe that GM has solid chance to pierce above resistance at 59.10 USD. If this resistance is taken out we expect more upside to come. Our short term price target is 60 USD per share and our medium term price target is 62.50 USD per share.
Our previous thoughts from 27th April 2021:
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
Technical analysis update: GM (27h April 2021)General Motors continues its sideways price action. Its neutral trend is highly supported by low ADX value. However, the current level of importance sits between 56.97 USD and 57.05 USD per share. Move above this price level suggest bullish short term outlook and potential for price to move back above 60 USD per share.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.