General Motors marks new record - Analysis - 13-01-2021
2021-01-13 10:06:45 GMT
(Economies.com)
General Motors' stock (GM) surged 6.24% in the last session to a new record high while piercing the pivotal resistance of 46.65, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the first resistance at 50.70, provided it holds above 46.65.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2126
|
0.0061
|
0.5035%
|
|
|
|
|
1.3678
|
0.0129
|
0.9495%
|
|
|
|
Tadawul
|
8878.30
|
-29.61
|
0.33%
|
|
|
|
|
25.745
|
0.840
|
3.373%
|
|
|
|
|
53.120
|
0.820
|
1.568%
|
|
|
|
|
56.08
|
-0.23
|
0.41%
|
|
|
|
|
1868.270
|
32.155
|
1.751%
|
|
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