American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

General Motors corrects main upward trend - Analysis - 21-04-2021

Economies.com
2021-04-21 10:24AM UTC

General Motors' stock (GM) fell 3.65% in the last session while seeking a bottom to bounce it higher anew, while leaning on the support of the 50-day SMA as the stock trades alongside the main upward medium-term trend line. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 62.00. 

 

Expected trend for today: Bullish 

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