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' 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