General Motors tries to vent off oversold saturation - Analysis - 17-10-2018

General Motors' stock rose 0.68% in the last session, or 0.22 points, after leaning on the support of 31.92, while venting off oversold saturation in the RSI, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA. 

Therefore we expect the stock to return lower, especially if the support of 31.92 was breached, targeting the next one at 29.90. 

Expected trend for today: Likely Bearish