General Motors breaches current resistance - Analysis - 12-10-2017

Economies.com
2017-10-12 12:22PM UTC

General Motors' stock (GM) rose in the intraday levels, scoring a profit of 0.58% in the last session, or 0.26 points, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, confirming the breach of the resistance of 45.17. 

 

Therefore we expect more gains for the stock, as long as it settles above 45.17, targeting the resistance of 49.28. 

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