GM Tests 50 DMA and breaks out of WedgeWE have had a declining wedge after a big move up. After NAFTA news reset the indicators, looks like we push higher. Good volume on the move higher and strong into the close.Longby stvkroUpdated 1
GM weekly log: looks promising to me. Will take small position and add if get some pullback this week. Could use close < short term uptrend line or below resistance/support line as stop. Process your way. Longby goodguyPublished 8
GM; A Caddy for Christmas?Self Driving Caddy so I can smoke in the back? Please Santa hear me! Gl HF xoxo sn00pLongby 420snoopUpdated 3314
$GM January $48 callsWill be looking at the January $48 calls , entry around .40x.45 . Investor day 11/30. Longby optionsgodPublished 2
GM hit Bollinger and revertsResistance and Support predict that GM will continue to move upward therefore a conservative Bollinger short should be right strategy for short term. Shortby PramathMalikPublished 3
Gap up Swing tradeIf this gaps up above my entry line at the opening then this should be a great swing trade for the next couple of days. Once it breaks you can put your stop at the entry and save yourself any potential loss. Longby carley621Published 3
GM alcistatanto las EMA como el MACD indican que seguira subiendo, la tendencia alcista es aceleradaShortby tsoraccoPublished 2
I'm trading ALDW oil, F, GMViewing the chart above, the vertical line represents the day Hurricane Harvey hit. These stocks; which fall in the automotive, home and oil industries; saw a substantial increase over the next month and all but oil is still seeing an increase. Ford, GM, LPX and Alon. I have been mentioning and trading the first three, Alon (ALDW) is a new one for me. ALDW appears to be forming a cup and handle going into this storm. The last storm caused ALDW to jump upward. At a p/e multiple of 16.38, this stock trades cheaper than say XOM, which is at 29.49. Also note that ALDW has a small capitalization of 739 million, making it fairly reactive to oil prices. I'm using technicals, mainly RSI, for entry. I look for RSI to range around 50-65 on support, lower could mean a bearish move. My portfolio holdings going through Q4, FX trading - 10% Swing/pattern trading - 30% ALDW - 20% F - 20% GM - 20% Longby Brandon50115Published 1
GM's post hurricaine rally could be coming to a haultWhen cars and homes were destroyed, those industries got a boost. LPX makes wood-panel sidings for homes and saw a 15% increase. Auto makers like GM saw a large increase as well this past month. Is it coming to an end for GM? Can it go higher? Is a good entry in sight? I believe so. The trend angle increased, representing strength, and the price action in terms of ATR increased as well through the uptrend. However, the break through the 41.20 level on news of it's September increase was seen on lower volume than the previous day and ultimately closed below that level. For me, I take this as a good time to sit on the sidelines and wait to see what happens. If it falls, then I will look for a good entry. Fundamentally, I see this rising over the next quarter. by Brandon50115Published 2
GM can create a long play depending on next few days of trading.I will be following GM closely on the hourly and 15 minute charts for a possible breakout towards the upside. On the daily, Fibonacci and trend providing good buy signals. Entry is possible here, but I do not recommend it here. Higher downside risk with a buy here, but minimize your loss if it can't break. $34.80 is the lowest level of support so it may go lower, but this stock looks great long term with 2-3 dividends :) . 2% max loss, 5-6% gain possible. Good luck traders, watch those support and resistance levels on Fibo and trend! Longby Small_FryUpdated 4
9.23.17 | GM | Bullish Continuation(Code-Name_Virtue) Bullish continuation to the target zone. (Keymaker) Scroll down for more charts.Longby TrilogyAnalysisUpdated 3
GM close to dividends Consecutive divergences spotted. Target price pressure at 38.74.by ZaardiceUpdated 1
Falling RSI confirms trend line break in GM shares General Motors shares have broken a two month trend support line today and also fallen back under their 50 and 200-day averages. 14-day RSI breaking under 50 confirms momentum downturn. by ColinCieszynskiPublished 3
Long GM by shorting June 32 PutGM has been pulled back from 38. It is time to long GM. Setup the position by selling short of the Jun 32 Put. Position: Short June 32 Put Credit received: 0.62 Target: 50% of the premium (0.32).Longby rockgyUpdated 3
GENERAL MTRS CO, M - broke out of trend lineBuy at close of two bullish heiken ashi candlesLongby MicahRutterPublished 6