$GM wedge pattern NYSE:GM bottoming pattern that started last year and wedge pattern ready to break out.
GM trade ideas
GM - DIVIDENT FALLOUT PATTERNGeneral Motors, a multinational corporation based in the United States, was the leading automobile company for 77 years until Toyota surpassed it in 2008. Despite this, GM has consistently ranked among the top 15 companies on the Fortune 500 list, and recently moved up from No. 8 to No. 5. With operations in eight countries and four brands, GM is also involved in joint ventures with Chinese automakers and produces military vehicles for the US government. Left with only four car brands for serial production the sales are taking steep downhill. The chart shows the last 3 dividend payouts and a significant 25% drop weeks after. To see if that is a solid pattern there is testing the current dividend payout we can have two level checkpoints $29' and $26', let's say that reaching the $29 level around mid-June could seek $26 by the first week of July.
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General Motors Monthly Log Chartmomentum breaking down below 3 year moving average
General Motors sitting on "volume defined" equilibrium.
Bias is bearish unless it can get back above the "wake up" line.
#generalmotors #gm #dji #spx
GM - BULLISH SCENARIOEarlier this month the company disclosed first quarter US deliveries rose 18% to 603,208 vehicles, with the automaker growing its US market share by an estimated 1.5%, the largest of any company in the industry, GM said.
GM also reported record electric vehicle deliveries of 20,670, though most of those were for the Chevrolet Bolt EV and EUV — GM only delivered two Hummer EV pickups and 968 Cadillac LYRIQ EVs. Analysts and investors will be keen to hear more about GM’s EV ramp-up; GM is expected to launch three more EVs — the Chevrolet Equinox, Blazer, and Silverado EV pickup.
The next price target is located at the $ 45 resistance level.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
GM: Sell ideaOn GM as you see on the chart we have the breakout of vwap and the support line so it's mean that we will have a big probability to have a downtrend.Thanks!
GM General Motors Pre Earnings LONGGM is on a 4H chart. Fundamentally, the last earnings were good. GM is challenged by the adoption
of electric vehicles and the transformation of its core business. Small EV companies ( CANOO, RIDE, WKHS, FFIE, MULN)
are mainly undercapitalized noise. The competition is really TSLA and Ford. Earnings upcoming are April 25th
Technically, the price has been trending also a support of the lower standard deviations of the anchored VWAP originating
on the date of the last earnings. Recently price has moved from -2 STD VWAP band to the higher -1 STD band.
Price is now sitting on the support shown by the Luxalgo indicator with the earnings report due The VWAP bands
are quickly losing slope as earnings report day of April 25 approaches. the zero lag MACD has lines crossing under the
zero line and the histogram has just turned positive. These serve as confirmation entry signals.
I see this as entry time for an earnings play. Entry is by market order with a stop loss below the demand zone.
Targets are VWAP ( purple line), the midline between the demand/supply zones, and then the final target is the +1 STD above
VWAP ( downsloping stepped black line). Overall a reward for the risk of about 4X. I may opt to play this with call options
striking $35.00 expiring on 5/5 and currently priced at FWB:112 per contract.
General Motors continues in a trend of higher lows.General Motors Company - 30d expiry - We look to Buy at 33.55 (stop at 31.83)
Trend line support is located at 33.50.
A lower correction is expected.
We look to buy dips.
Prices expected to stall near trend line support.
This stock has seen good sales growth.
Expect trading to remain mixed and volatile.
Our profit targets will be 37.84 and 38.74
Resistance: 36.82 / 38.00 / 39.60
Support: 35.10 / 34.00 / 32.99
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
general motors long 4hit may reach the upper trend line, when the price breaks 41 suggested to lift SL to 41, tp 44
GM time to going up this stock hit support line 4 times. every 1-2 months reached resistance line. Squeeze turned green and good volume
GM - LONGNYSE:GM
- Beautiful bounce off of daily demand and now gaining traction as well as lower channel bounce (confluences)
- A break and hold above 37.00 can test 37.76 resistance then psych level at 38.00. Above 38, you're opening doors for more upside with a final target at 40.00
Contract Suggestions which covers earnings run up as well:
GM 4/28 36 CALL
GM 4/28 37 CALL
Down trend GMBased on previous resistance I am potentially seeing a short position happening at $33 or close.
For confirmation we will wait for tomorrow 3/24 for final confirmation.
Short Put for $GM 4/21 Trade$GM Short Put Trade.
32 days till expiration.
-1 $32 Put 4/21
Approx. credit $100.
Collateral $3,200.
BE = $3,100.
GM UpdateGM RSI hit oversold on the daily and MFI is moving up.
No idea if it goes straight up like Jan or double bottoms like Oct, Fed meeting next week.
Seems to me like the futures algos are on a melt up, there's some serious money pumping into the market on these morning gaps down. The worst of the news is probably over except the Fed next Wed.
This whole year has been strange, but I want to remind everyone that the Dot Com bubble happened with interest rates higehr than they are now.
ABC/DThe target is D. Possible stop under C.
It is important to wait for EL level to clear possible resistance.
Good to be on look out for a reversal if/when price reaches D.
This is a measured move that occurs over and over again in the markets.
No recommendation.
T2 if Targets 1 are surpassed are 54.5 to 59
GM - Minor Low breakout (Aggressive Sideways Trend)Big move after earnings was capped by Vscore resistance.
Pros: Vscore is at support. 200 propulsion. Volume profile levels. Darvas 3.0.
Cons: RAF @ 50%. XLY sector is below 200prop dots. GM price dipped below 200 prop, but found support.
Entry - $39.35
Profit - Darvas Level - $40.50
25% Stop Loss
21APR23 39 Calls
General Motors shows a clear trend of higher lows.General Motors Company - 30d expiry - We look to Buy at 33.34 (stop at 31.54)
The trend of higher lows is located at 33.30.
Short term momentum is bearish.
Prices expected to stall near trend line support.
Expect trading to remain mixed and volatile.
Preferred trade is to buy on dips.
Our profit targets will be 37.84 and 38.84
Resistance: 40.00 / 41.50 / 42.36
Support: 38.12 / 37.47 / 35.13
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GM: Buy ideaBuy idea on GM because we have the breakout with force the vwap and the resistance line.Thanks!
GM UpdateJust so you guys know why I'm feeling bearish, I was watching GM all day after bailing on my calls yesterday. Appears GM is in range bound trading.
So basically my GM oscillator is at the top and needs to cycle down to the bottom at which point I'll turn bullish again. Probably coincides with SPX/NDX getting oversold on the daily.
Wish I had bought puts this morning, i just watched it tank because I'm not planning on trading tomorrow, lol.
Current Market is Deadly A fake out local ATH break to grab liquidity with the trend potentially continuing lower. There is a chance we can bounce and head higher but it's important to be aware of the potential downside.
General Motors Company (GM) 1M Trading Analisys (TA)1M Chart, General Motors Company (GM) , on January, 2022, the signals on MACD pierced down from above the histogram and have been diving since, on February 2023 the signals are about to pierce up from below the histogram; The RSI signal bounced on June 2022 at 35, steadily moving towards 50; The price has been steadily moving up after bouncing on $30already tested twice the 200MA signal below the 100MA and is pushing to move above this last one to test again its ATH, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading: "Now is the time to buy".
Today this ticker has a Volume of 9.862M.
This Company PAYS DIVIDENDS TO SHAREHOLDERS
General Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts and in providing software-enabled services and subscriptions. It operates through the following segments: GMNA, GMI, Cruise, and GM Financial. The company was founded by William C. Durant on September 16, 1908, and is headquartered in Detroit, MI.
Good Luck!
Gráfico 1M, General Motors Company (GM) , en enero de 2022, las señales en MACD se cruzaron desde arriba del histograma y han estado sumergidas desde esa fecha, hoy febrero de 2023, las señales están a punto de cruzarce desde debajo del histograma; La señal RSI rebotó en junio de 2022 en 35, moviéndose constantemente hacia 50; El precio ha estado subiendo constantemente después de rebotar en $30, ya probó dos veces la señal de 200MA por debajo de 100MA y está presionando para moverse por encima de este último para testear nuevamente su ATH, que es el enfoque optimista, pero recuerda: "En este negocio, si eres bueno, tienes razón seis de cada diez veces. Nunca vas a tener razón nueve de cada diez veces. Descubrí que cuando el mercado está cayendo y compras fondos sabiamente, en algún momento en el futuro serás feliz. No llegarás allí leyendo: "Ahora es el momento de comprar".
Hoy este ticker tiene un Volumen de 5.297M con una Capitalización de Mercado de 246B.
Esta Empresa PAGA DIVIDENDOS A LOS ACCIONISTAS
General Motors Co. se dedica al diseño, la fabricación y la venta de camionetas, crossovers, automóviles y repuestos de automóviles, y proporciona suscripciones y servicios basados en software. Opera a través de los siguientes segmentos: GMNA, GMI, Cruise y GM Financial. La empresa fue fundada por William C. Durant el 16 de septiembre de 1908 y tiene su sede en Detroit, MI.
¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER : I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make, and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE : No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompaña es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Keeping Russian in markets ;) We are keeping short in the markets for now and discussing VIX options.
