GM - Bulling opportunityBullish opportunity on GM. This one might be a bit on the riskier side. However I like to enter before everyone else does. And that means identifying areas/levels. Mainly where stop orders get hunted. Mid December expiry. Options. Longby EBGtraderUpdated 445
GM: breakaway gap?A price action above 28.00 supports a bullish trend direction. Increase long exposure for a break above 31.00. The target price is set at 32.00 (just below its 38.2% Fibonacci retracement level). The stop-loss is set at 28.00. A breakaway gap seems to occur. Remains below its 200-day simple moving average and is regarded as a counter-trend strategy. Longby Peet_Serfontein1
GM General Motors Company Options Ahead of EarningsIf you haven`t bought GM ahead of the previous earnings: Then analyzing the options chain of GM General Motors Company prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-12-15 for a premium of approximately $1.77. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy. Longby TopgOptions3
$GM: 30 May FallNew news came out today from the UAW saying that strikes may become more common in today's world at that new ones may occur without warning. This kind of news has the possibility of taking the stock down a lot further in the face of uncertainty I believe. We'll stay tuned to find out though, good luck traders. www.reuters.com Shortby Fox_Technicals1
Stocks pairs trading: GM vs FI'm diving into a pairs trading strategy featuring two titans in the automotive industry: General Motors (GM) and Ford (F). Both companies are household names with a rich history in the automotive sector, but their financial metrics reveal key differences that present a trading opportunity. I'm contemplating going long on General Motors and short on Ford, aiming to capitalize on their distinct financial landscapes. Why Go Long on General Motors (GM): Valuation : GM has a P/E ratio of 4.34, significantly lower than Ford's P/E ratio of 11.84. This makes GM comparatively less expensive and potentially undervalued. Dividend Yield : GM offers a dividend yield of 1.43%, which, while lower than Ford's 4.60%, comes with stronger fundamentals such as higher ROA and ROE. Profitability : GM's ROA and ROE stand at 3.88% and 15.14% respectively, much higher than Ford's ROA of 1.62% and ROE of 9.42%. Performance Metrics : Despite negative performance across multiple timeframes, GM's stronger fundamentals could position it well for a rebound in the longer term. Why Short Ford (F): Valuation : Ford's higher P/E ratio of 11.84 suggests that it might be more expensive relative to its earnings than GM, potentially making it overvalued. Short Interest : Ford has a higher short float of 3.67%, implying it could be more susceptible to negative market sentiment, thereby making it a candidate for a short position. Profitability : Ford's lower ROA and ROE figures compared to GM indicate less efficiency and profitability, supporting the decision to go short on the stock. Performance Metrics : Despite Ford's positive performance YTD, its weaker financial fundamentals compared to GM make it a riskier long-term investment. Decision: Long on 1 GM Short on 3 Fby joyny1
$GM - What will it be?NYSE:GM is currently at a critical support zone, trading at the lower trendline of a consolidation channel and near a Fibonacci support level. If GM breaks below $30, there's a potential for it to decline further to $26. The outcome depends on UAW negotiations, which could lead to either a bounce from the current support or a breakdown to $26. What will it be? 👀by PaperBozz2
General Motors is Still in the Game! Trading Idea for 06/10/2023Amid the UAW (United Auto Workers) strike, General Motors' shares reached a three-year low. The automotive giant's management is likely to eventually come to an agreement with the workers' demands. It is interesting to note that in Q3 2023, General Motors and its dealers sold 21% more cars than in the same period last year, leading to a 19% year-over-year growth in total sales. In addition, the implementation of electric vehicles has seen a 33% increase year-over-year. Once the strike comes to an end, this outstanding performance will likely be reflected in the growth of stock prices. Consequently, our focus today is on the General Motors (NYSE: GM) chart. On the D1 timeframe, resistance is currently at 33.43, with support at 32.18 having broken through this Tuesday 3 October. Yesterday quotes rebounded from a crucial historical level at 30.02. On the H1 timeframe, the short-term target for the price increase is around 35.25, while in the medium term, it could reach 44.75. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets7
GM - BULLISH SCENARIO General Motors (GM) made a counteroffer to the United Auto Workers (UAW) to resolve a three-week strike. UAW President Shawn Fain plans an update on talks with Detroit's automakers. The strike, including Ford and Stellantis, began on Sept. 15. GM's counteroffer is its sixth, but "significant gaps remain." Negotiations with Ford show progress on pay increases. Talks with Stellantis have been active. Ford offered a more than 20% wage increase over the contract's life. Other issues, like union representation at battery plants, remain unresolved. GM secured a $6 billion credit line due to the strike's estimated $200 million cost. UAW members at Mack Trucks will receive a 19% pay hike over five years in a tentative agreement. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses. Longby legacyFXofficial1
GM TA - General Motors going downhey guys whats up its amir So General Motors, what exactly do we have here: - Beautiful bearish flag just got broke down - I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the bulls. - Watch at the volume indicator, for about two years you can see clearly who have control on the stock look at all the red bars, clearly the bears are in charge here. - Good risk reward ratio 1:3 its fine. defintely work for me. *not financial advisor*Shortby amirhemo2
GM Retesting $18 -21 Range - Bearish Flag FormationGM Retesting $18 - Bearish Flag Formation; Airbag Recall + Unsold inventories + UAW strikes and layoffs as cover up for failed pricing strategy. Major FAIL>>> The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Shortby ProfitProphet9112
GM 3BarPlayHere is a 3 bar play also known as a 1-2-3 pattern accompanied by a bull flag on the 5m that has already broken out. Will be looking to ride calls up to the dotted line level which is the last swing high. Simple but effective. If price is not able to hold above the green "Calls" level then the play will be invalidated. Longby CJITM2
GENERAL MOTORS Confirmed buy signal.General Motors Company (GM) has completed 3 days of trading above the 4H MA50 (blue trend-line), with the 4H RSI almost 60.00. The long-term pattern is a Triangle and the recent Double Bottom was within the Higher Lows Zone that is in place since July 05 2022. Every time the price broke above the 4H MA50 after a 4H RSI oversold bounce on Higher Lows, we had a low risk buy entry at our hands. There is a 12-month Resistance Zone that we should revisit on the long-term but on the more short/ medium-term we will target the 0.786 Fibonacci retracement level at 39.00, which was the targeted extension on the Lower Highs trend-line during the July High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot11
GM, Building Massive Formation, These Levels Are Important!Hi my friends, Welcome to this analysis about the stock value GM, we are looking at the 4-hour chart, I noticed a divergence between the traditional car-industry stock like GM at the moment and the new electronic cars TSLA, while TSLA going down GM went up the last days. This is an interesting divergence worth to look nearer in, nevertheless, overall GM was one of the weaker stocks since the corona breakdowns and lows established, it is still trading below its all-time-high where others made already new highs and risings, therefore I detected the important levels and possible outcomes for this stock we should consider at the moment. Looking at my chart you can watch there this huge blue trading channel the stock is trading in, furthermore, it has an established wave-count where it recently completed wave A and B to now form the major wave C in the structure, this wave will run into resistance as the stock still has above in the upper boundary coming together with the black falling resistance line marked in my chart, when the stock approaches this cluster in red there is a higher possibility given for a bearish confirmation to the downside, setting up the next wave D in the wave-count, this can lead to the back-up-zone marked in blue in my chart and a set up for the final wave E which will complete the overall wave-count, this last wave will be highly crucial as it has the potential to confirm the channel the stock is trading in as a bear-flag, this scenario will occur when the stock comes into the zone of the lower boundary anew and closes below it which will cause highly bearish pressure to the downside and activation of lower levels within a high possible spectrum. The next times will show how the stock will continue with its eave-count and when there is a end, technically speaking as the stock is one of the weaker stocks trading below the previous established high, the bearish scenario should not be kept by side as it will confirm when the wave-count ends and crushes below the lower boundary as mentioned. This is currently the most likely scenario to come across with however there is a smaller possibility given that it will invalidate which will happen when the stock manages to hold the lower boundary sustainably and moves above the wave-count to form a new high. In this manner, thank you for watching, support for more market insight, good day to you and all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.by VincePrinceUpdated 6677
$GM 5th Times a charm?Repetitive test of support, looking for a bounce, maybe this time it can breakout and retest ATH? If not, a nice 21% move is can help.Longby Chapapapas4
GM: Target at $39The chart shows a clear consolidation channel, within which you and I will now earn money. I’m trying to go long from the current ones with a target of $39. Buy signals have been generated on the daily chart, so I will try to implement this scenario. Not an investment recommendation. Good luck to everyone. If you liked it, subscribe. Longby Your_Trend3
General Motors to break to the upside?General Motors Company - 30d expiry - We look to Buy a break of 34.33 (stop at 32.53) Price action looks to be forming a bottom. Bullish divergence is expected to support prices. Posted a Double Bottom formation. The bias is to break to the upside. Trading has been mixed and volatile. Expect trading to remain mixed and volatile. Our profit targets will be 38.83 and 39.83 Resistance: 34.21 / 36.00 / 38.20 Support: 32.70 / 32.02 / 31.50 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune GroupLongby VantageMarkets3
General Motors longGM long position. Market below Lin Reg and MACD on H4. Confirmation on H1 to take long position with 2 TP. Tp1 at $38 and 2nd at $44. SL at $32.39. Warning!!!! This content should not be interpreted as financial adviceLongby VL74Updated 2
GM - Buy General Motors ( $GM )General Motors ( NYSE:GM ) stands out as one of the underappreciated stocks in the current market. With a Price to book Ratio under 0.70. I currently have a pending order at the price of $32. In recent months, they have been making significant investments in the fields of AI and electric vehicles (EVs). One of their recent notable investments 👇 GM INVESTS IN #AI AND BATTERY MATERIALS INNOVATOR MITRA CHEM #GM NYSE:F NASDAQ:TSLA #EVs #EVLongby Gabriel-Dao110
GM Long CallBuy Aug-04-23 38 Calls @ 0.47 Limit to Open Buy Aug-11-23 38.5 Calls @ 0.53 Limit to Open 2 buy for this week and the following. Good prices, at support zone and oversold CCI.Longby emperius0
Bearish Alert : GMHourly Chart Bearish Alert and Bearish Crossover on top of this strong bullish wave. Waiting for a bearish price action to get an entry level.Shortby TizyCharts0
$GM BreakoutAlthough consolidation over the last year has given ample trade opportunities we are looking for a breakout above or below supply & demand zones.by StockTrauma0
I'm using 48c expired in Jan 2024 to trade GM earningThe daily RSI of GM is trading above 70. This could mean that either prices are in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. General Motors is above its 20 and 50 period moving average (respectively at 37.76 and 37.12). Supports and resistances: 39.37 ** 39.13 * 38.9 ** 38.66 38.19 last 38.03 37.88 ** 37.48 * 37.25 **Longby KhanhC.Hoang3
GM - Will the general lead again? Price sitting at the confluence of 200 DMA and 60 VMA. If it continues to build above, likely tests the upper range of this channel and set up nicely for a breakout. Upside targets: 41, 47, 54 Bear case: loss of 200 DMA could bring this down to the bottom of the channel to around 31. Disclosure: no position yet. Longby CheelooTraderUpdated 0