General Motors' stock fell 0.18% in the last session, or 0.07 points, amid the dominance of the upward correctional wave in the short term, with positive support from the 50-day SMA, while the RSI reached oversold levels compared to the stock's movements, as the stock also sought a bottom to bolster it higher anew. 

Therefore we expect the stock to return higher, provided it settles back above 38.66, which represents the ratio 50% of Fibonacci retracement levels for a descending wave in the medium term (from 46.76 to 30.56), targeting the next resistance at 40.57, which represents the ratio 61.8%. 

Expected trend for today: Likely Bullish