General Motors tries to shake off negative pressure - Analysis - 25-06-2019

Economies.com
2019-06-25 14:31PM UTC

General Motors' stock moved alongside the upward medium-term trend line, touching the resistance of the 50-day SMA to shake off its negative pressure, with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect the stock to rise, provided the support of 36.22 holds on, targeting the important resistance of 38.20. 

 

Expected trend for today: Bullish  

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