General Motors ends cautiously higher - Analysis - 22-05-2019

Economies.com
2019-05-22 10:07AM UTC

General Motors' stock was hurt by piercing the main upward trend line recently in the short term, with negative pressure from the 50-day SMA, while venting off oversold saturation in the RSI. 

 

Therefore we expect the stock to return lower, targeting the support of 36.26, as long as the resistance of 37.61 holds on. 

 

Expected trend for today: Bullish    

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