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GENERAL MOTORS CO CED EACH 20 REPR 1GENERAL MOTORS CO CED EACH 20 REPR 1GENERAL MOTORS CO CED EACH 20 REPR 1

GENERAL MOTORS CO CED EACH 20 REPR 1

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GM trade ideas

$Gm Can GM follow Fords leap higher?. Fords jump on earnings last week has increased speculation that GM may follow in its footsteps. Looking at the long term chart the trend would be higher but faces strong resistance at $41.50 - $42 , until that level breaks on considerable volume we are not convinced. Ford took some radical moves over the last year to cut costs, reduce inventory and product ranges that were low margin. GM however is trying to be all things to all men, this may be critical on the earnings report and effect profit margins. Automotive is going to face shrinkage in the decades to come and innovation will be the winner long term, it is a very difficult sector to invest in with conviction.
NYSE:GM
by RedHotStocks
GM Inverted H&SThe pennant was obviously a reversal pattern at this point, got a back test this morning and formed somewhat of an inverted H&S. In for some calls for a short term trade (probably until Monday). I'm bearish but money flows into the market in January, just like last year. More so because they took the money out last year, so the money has to go somewhere.... which is right back into the market. In any case, GM options have cheap premiums and good liquidity.
NYSE:GMLong
by hungry_hippo
GM Forming Another Pennant?Played GM calls for the gap close today, but I'm guessing this forms another pennant then drops like it did last Feb. Who really expects autos to do well when everyone's calling for a recession? Buying puts if it throws a reversal pattern Friday or Monday. Guessing the computerz will jack the futures up tonight after losing money today. You know it's a short squeeze when crap like MNK goes up. SPY target is $256 so it'll take a couple of days to get there.
NYSE:GM
by hungry_hippo
General Motors (Buy/Long) I think that looking at stocks that have been forgotten can often uncover substantial upside with attractive risk-to-reward ratios. General Motors currently trades at a 22-month support level after having been sold off from $44 to $33. You can also play the upside with minimal layout using call options. Buy at current levels : $34.38 Stop-loss: $32.80 Take Profit Target: $38.00 ________________________________________ Kind Regards Please feel free to contact the Unum Trading desk for any trading related queries : 011 384 29 29 Unum Capital. An authorised South African Financial Services Provider (FSP 564)
NYSE:GMLong
by LD_Perspectives
GM 2618 and demand zone long opportunityNo matter how hard this company had tried, how many good news it had, how good the stock market is, and how charming it is for value investors, GM literally did nothing on the last 2 years' bull market. As TSLA became more and more controversial, car investors may also have a look on this super low-PE stock. Indeed, it had terrible relative weakness than its peers based on the stock price performance, but it had solid earnings quarter by quarter and a very fair pricing on this bull market, I believe it still can play as a defensive role on the portfolio! It had a exhaustion gap around 38-39 , so I would more like to make use of the recent pullback to long this 2618. Let's see how it goes!
NYSE:GMLong
by Trader_Joe_Lee