General Motors gathers positive momentum - Analysis - 24-04-2019

General Motors' stock tried to gather momentum to maintain the main upward trend that dominates medium-term trading, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to rise as long as the support of 38.80 holds on, targeting the pivotal resistance of 40.44. 

Expected trend for today: Bullish