General Motors seeks a bottom to bolster it - Analysis - 07-12-2018

General Motors' stock fell 2.25% in the last session, or 0.82 points, while seeking a bottom to bolster it higher anew, amid the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, provided the support of 34.50 holds on, targeting the resistance of 39.61. 

Expected trend for today: Likely Bullish