GM trade ideas
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
GM FearsBought cheap options when everyone was scared.
Calls that exp 11/26 some at $60 and some at $64. currently up 300%
GM will break out of this channel eventually
Risk what you can afford to lose, trading has considerable risks.
Breakout or Rejection!?Money Makers!
GM is on its way to retest previous highs. I possible breakout or rejection is incoming. Let's stay patient and have your orders ready! Let me know what you think will happen below. I'm curious.
Love it or hate it, hit that thumbs up and share your thoughts!
It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
$GM | WEEKLY WATCHLIST 11/8Potential weekly breakout here... Interested to see how we look towards the end of the week.
Inverse Head and ShouldersPossible stop where you see support.
Safest place I see for now is perhaps under 56, or right around there.
Long entry over neckline with an uptrend/59.11.
Head is at 47.07
RS is 53.60
LS is 52.60
No recommendation.
Intra-year cup and handle is trying to form.
This is not to long entry level today but is still fighting the resistance of the neckline today.
$GM | UPDATELooks like we have a bit more consolidation to do inside of the wedge... Only a matter of time before we see a nice breakout.
GENERAL MOTORS : CMP 57Script Name : General motors
CMP : 57
Resistance : 59
Correction : In daily Time Frame
Target : 95 after breakout
Description : Stock breaking out from Daily time frame Correction, can be long above 59 for target 95 with SL 49
$GM Working on 5 Months Base$GM working on that right side of its chart in a 5 months base so far. Need more work. Earnings in 3 days might be the catalyst to move before fulling setting up.
gm guycross 200ma and resistance level.. macd helps.. finally tp to the next resistance level.. stoploss under the 200ma
GM : Support is now resistance This is a weekly picture using trendline and candlesticks.
On the daily RSI you can see that divergence was hit and rejected.
I'm expecting a move lower to 148 in the next couple of weeks
GmWe had a big rising channel. We lost it. Came down crested an ascending traingle. We back tested it and controlled the 100 ema
Seems we could come all the way to 60$ which would
Be turning old
Suppor of that rising channel into new resiatnce but we could play this up to 60$ from here .
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
$GM Looking for reversalGM appears to be bottoming and signaling for reversal (aroon and MACD crossing) . Looking for a move back to the AVWAP zone.
Large buyer GM 11/19 48C for $2.5M premium , along with other sweepers and blocks today.
Watching $GM for Entry @ 44.32 Analysis & Key LevelsWatching $GM for Entry @ 44.32 Analysis & Key Levels
I set an alert for 44.50 and will re-assess if it get’s there. I’ve been feeling quite bearish about the market lately. Too many red flags 😬
Red = Resistance
Green = Support
$GM to $40 within 90 daysChip Shortage is going to have a negative affect on earnings. Going for psychological levels of $45 and $40 and a dump either right before or right after earnings (volatility crush).
