General Motors surges - Analysis - 22-07-2019

Economies.com
2019-07-22 14:31PM UTC

General Motors' stock surged and tackled the resistance of 40.41, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, while venting off overbought saturation in the RSI. 

 

Therefore we expect more gains for the stock, especially if the resistance of 40.41 was breached, targeting the next one at 42.70. 

 

Expected trend for today: Bullish 

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