$GM - ALWAYS buy the breakout. 4x average volume4x average volume and huge call buyingLongby bulltradingtipsPublished 5
Dwarf Star!! This should NOT look expensive to you GM is everything Tesla wished it would have been in its infancy. With infrastructure and established customer base, GM will likely beat Tesla in this sector in profitability and revenue. GM can only grow from here. I believe this is 300 in four to five years, and that is modest speculation. GM could become the biggest company in the industry of automobiles. Longby chefdrewmemPublished 113
GM Pushing for ATHsGeneral Motors ( GM ). High detail count back starting from March. There's a ton of confluence at the 3.618 extension on major and minor wave structures. The supply zone (red line) is a weekly resistance, so a break past that GM can push to ATH quicklyLongby Alpha_Trades206Published 3
GM longNice backtest of dynamic support, should be nice ride up to retest ATHsLongby G0ldbugPublished 4
GM - EW analysis - Up trend GM - It is in strong uptrend. The current price action is in 5th of 3rd wave up and going for higher high as target zone. Buy every three wave correction of respective cycles for target as higher high. Give thumbs up if you really like the trade idea.by EWFcwPublished 114
GM - H chartBUY around 40.40 to 40.20 T1 41.35 T2 41.95 SL closing below 40.00Longby Harmonic.TradersPublished 2
GM potential long setupCurrently 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. by Sid2408Published 332
IRON TARIHi guys! New Iron condor, chek my last trades, and get my script for free! Enjoy your wallet! Tari.by TARITRADEUpdated 1
General Motors Pulls BackGeneral Motors has been in the fast lane since the fourth quarter began. It’s now having its steepest pullback of the rally, offering momentum investors a potential opportunity. The first feature on GM’s chart is yesterday’s hammer candlestick. Sellers tried to push the shares below $41 but weren’t able to keep it there. Second, that $41 level is potentially important because it’s near the daily closing highs in July 2019. Next, GM’s stochastic oscillator recently fell to its lowest level since August 2019. That may suggest a deeply oversold condition. The automaker’s fundamentals have also improved – in both the near term and longer term. In the near-term, GM has gotten a huge margin boost from SUVs and pickups. Last quarter, for instance, revenue barely beat estimates but profits were almost double consensus. Over the longer term, CEO Mary Barra is pushing GM toward electric vehicles with the development of its Ultium drivetrain. That could lift valuations because GM trades for less than 1 times revenue. In comparison, Tesla trades for more than 20 times revenue. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStationPublished 12
GM earnings Beat estimatesGeneral Motors posted stronger-than-expected earnings in the third quarter, there is a positive reversal on RSI ( Vertical doted lines) indicating that stock might reach 38.29$ as primary target(pre market (36.6$)) coinciding with resistance level ( red horizontal line). On another note, the recent trend is up ( black doted line), and a lot of news are circulating about heavy investments made in electric vehicles development. No position yet but keeping an eye for that 38.29$ level ... Things could change drastically for the battered US cars manufacturer. by EliarichUpdated 0
GM - H chart BUY @ 42.50 T1 44.50 T2 45.35 SL closing below 42.20Longby Harmonic.TradersPublished 223
GM, GM? really?Yea, Ive never had GM on my watchlist before. But if the market starts to show weakness, and this continues to hold, it'll be worth looking more into and possibly take a position. Currently I am pretty full, but if I get stopped out on a position or two I may enter.Longby SwanFrenchPublished 2
Can GM hold the highs?We entered at a great time early last month. We obviously did not predict the election and vaccine news but that is the beauty of markets. Sometimes you get upside surprises. The question is what to do from here? Based on our model we think as long as it holds the $41.50 area it is safe position to hold. Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal sine wave structure you can find on any chart you look at across any market and across all time dimensions. Our model focuses on the current sine wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement. For questions or more information feel free to contact me in the comment section or via private chat by IngenuityTradingPublished 0
GM General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles. 1-Year Return 10.76% 3-Year Return -6.13% 5-Year Return 13.35% 5-Year Revenue Growth -11.99% 5-Year Earnings Growth 58.03% 5-Year Dividend Growth 26.67% It looks like volatility is contracting. Will be very interesting to see what happens with the autonomous driving. I still think TSLA will be the winner in this space. abcnews.go.com Longby Tea-TradesUpdated 0