GM Buy Signal. Meets Criteria.GM meets all of our criteria and has generated a buy signal. The 'press the button now' signal is then on the next green daily candle close, which has occurred. Add it to your watchlist, or get long.Longby emehokePublished 2
GM symmetrical triangle.Please let me know your opinion, and give feedback as I'm still learning.by LeviFPublished 0
GM - short term bearishThis kinda sucks cus I just bought calls on Friday and I did not see the weekly chart. I have a $59 call for 4/23. I think I'm going to cut at open and grab $58 puts for 4/30. My mistake for not zooming out. 1) Bearish divergence on RSI 2) MACD crossing down 3) Slow Stochastic crossing down (Not shown because I don't pay for extra indicators lol) 4) Bearish rising wedge 5) Decreasing volume I really hope I'm wrong. I'm super bullish on GM. Bought the call because of the following article: "General Motors made an unexpected electric-vehicle announcement, saying it is is building a battery plant with Korea-based LG Chem. It is a little like a Tesla Giga factory, GM style. General Motors (ticker: GM) stock jumped, a little, in response to the news. Shares were up about 0.6% in early trading, while the S&P 500 and Dow Jones Industrial Average rose about 0.2% and 0.3%, respectively. Capital spending and new manufacturing plants are a long-term issues, but the market might just be underweighting the importance of GM’s Friday move. “The addition of our second all-new Ultium battery cell plant in the U.S. with our joint venture partner LG Energy Solution is another major step in our transition to an all-electric future,” said GM CEO Mary Barra in the company’s news release. LG Energy Solution is owned by LG Chem (051910.Korea). The 2.8 million-square foot facility will go up in Tennessee and will cost about $2.3 billion, creating about 1,300 jobs." I can't ignore the technicals. We could see 54 soon.Shortby JerseyStigPublished 4
GM. Could pop soon. Add to watchlist.Waiting for some signs of bullishness. Ideally a break and retest. If it gets below the 50 MA and doesn't sharply reverse take it off the list. Indicators are looking good for us, we like them now, we want to love them tomorrow or Friday. Longby emehokeUpdated 0
Short term GM Call TradeHigh-risk reward possible W2 entry for the next leg up.Longby xsiinzxPublished 0
$GM | Inverse Head and Shoulders and Bull Flag Breakout$GM broke out of a bull flag after retesting the neckline of a bullish inverse head and shoulders pattern. Watch for a close above 58.75 as confirmation. I nitial Target is 59.75 to fill the gap. Let me know what you think in the comments. Please leave a like if you agree with my analysis! 👍🏽Longby AidanMDangPublished 8817
Another Healthy Pullback in General MotorsGeneral Motors continues to push higher as investors embrace value stocks and the cyclical recovery. Once again the chart is giving some potential signals. First, the auto maker pulled back to hold the trendline in place since the start of the year. It’s also bouncing near its 50-day simple moving average (SMA). Second, notice the large bullish candle on Thursday, March 25. Price came within $0.12 of the 50-day SMA but couldn’t reach that level. GM has remained above that candle since – a potential sign of buyers lurking not far below the surface. Next, GM’s 8-day exponential moving average (EMA) has remained above the 21-day EMA. That’s a sign short-term trend is still bullish. Finally, notice that the current bounce is occurring near the $57 area where GM topped in January and February. Is old resistance becoming new support? TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStationPublished 1113
Long | GMNYSE:GM Possible Scenario: LONG Evidence: Price Action, Unusual option activity This is my idea and could be wrong 100%, Calls strike 64$, 1st April * great opportunity, Longby shksprUpdated 3
Target price update for GMI always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to continue this. Stay tuned great live stream and quality content videos coming soon..! Longby MoshkelgoshaUpdated 3322
GM - Weekly Chart - RSI - Negative DivergenceGM - Weekly Chart - RSI - Negative DivergenceShortby erdem_bilginPublished 1
$GM Breakout updateBullish flows all week pushed GM past ATH today with strong volume. For short term targets I have set the previous wave 4 as my fib lvl 0 and nearest previous high as 100. I'll be using the 1.618 as my first target. My second target is the 1.618 from the trend it broke out from. Any pullback from 60 should be bought until EMAs show otherwise.Longby Modus777Published 1
GM wants 100?! on watch for calls next week great breakout on the weekly chart. we saw top trendline resistance turn into support in early June 2021. that was the sign to add more. off to the races now with price target of 70 by late April. goodluck to longs! Longby Vibranium_CapitalPublished 19
GM Double Top?Possible shorting opportunity. Wait for confirmation before entry.Shortby cameronknoffUpdated 1
BUY GM PT 60, SL 54Rationale GM has seen heavy call flow over the past two days. Bull flags have been forming on both the 10 minute and daily chart Strong relative strength these past 2 weeks. Potential to break monthly high price. Longby TroydTradesUpdated 883
$GM Run Forrest, Run!After 2 months of consolidation, finally the stock is heading north and is now at its ATH. I guess the EV story and the opening of the economy in the next few months will have a positive effect on the company. I have a PT of 65 for April. Lets seeby McLaren_TraderPublished 0
GM Breaks out from a Flat base pattern into new all time highsGM Breaks out from a Flat base pattern into new all time highsLongby traderamoghPublished 1
GM What do you think? We are in a bubble anyway.... If I stay loyal to TA that W pattern looks ready to drop soon to test previous support. Like, Follow, Agree, Disagree!Shortby Redimere_91Published 221