General Motors gives in to negative pressure - Analysis - 02-07-2020
Economies.com
2020-07-02 12:32PM UTC
General Motors' stock fell 1.34% in the last session while recouping some losses and venting off oversold saturation from the RSI, touching the resistance of the 50-day SMA, while hurt by exiting an ascending price channel that guided recent trading.
Therefore we expect more losses for the stock, targeting the support of 22.71, provided the resistance of 27.05 holds on.
Expected trend for today: Bearish
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