General Motors muscles up - Analysis - 22-09-2017

Economies.com
2017-09-22 13:38PM UTC

General Motors' stock (GM) rose in the intraday levels, scoring a profit of 0.57% in the last session, or 0.22 points, amid positive pressure from the 50-day SMA, while settling above 38.38, amid the dominance of the main upward trend in the medium and short terms. 

 

Therefore we reaffirm our positive outlook for the stock, as long as the support of 38.38 holds on, targeting the pivotal resistance of 40.36. 

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