GM. DA AMERICAN BASE*press the play buttons on my other ideas, analysis has been spot on. GM is a beauty right here to long. I am out of my long/call positions on tech stocks(I am short), too risky rn given they have approached inflection points. It has approached the base level at 25.80 it will take the gaps up. A return to 28.6 is guaranteed.Longby arama-nuggetroubleUpdated 4
Purchasing GM calls during June.May's monthly candle closed above April's high. If price returns to April's high, then I will begin purchasing call options at the 24.50 strike with a July 2 expiration.Longby BACapitalManagement4
GM could be a very good opportunity for the investorsWith the market cap of 37 billion USD, this is one of the most under-valued companies according to analysts. It is also important to mention that the net income in 2019 was 6.7 billion USD while the net income in 2018 was 8.01 billion USD. GM reported recently that it will suspend its dividend and buybacks to preserve cash for investing in the business which is not bad news in this coronavirus environment. Another important information for potential investors is the fact that Berkshire Hathaway increased its position in GM by 37% in 2018 and by 4% in 2019. With 75 million shares, Berkshire Hathaway is General Motors' fifth-largest investor, holding more than 5% of the car company's shares outstanding. When we take a look at the one-year chart, we can see that the price dropped from 42 USD to 15 USD and started to raise. On this chart, I marked resistance and support levels. Supports levels are 20 USD and 15 USD, 30 USD and 34 USD represent the resistance levels. If the price jumps above 30 USD it would be a "BUY" signal and we have the open way to 34 USD. Rising above 40 USD supports the continuation of the bullish trend overview efficiently for the upcoming period. If the price falls, every price in a range from 15 USD - 20 USD could be a very good opportunity to invest in General Motors.Longby Immobiliareinvesting5
General Motors Analysis - GMJust hold before any action of buying/selling General Motors Analysis - General Motors stock forecast today's analysis - 19/05/2020 - GM Stockby Mauriello3
GM Motors Lets Pretend for a second. we are gonna merge the two largest wealth generators in the world together. the Foreign Exchange and The Stock Exchange. The executive Branch has been putting pressure on the Federal Reserave for quite some time to throw in negative interest rates. This will weaken the dollar, as to currency traders such as myself, this signifies a very weak economic market in that country. what this also does is casue the central banks to charge customers such as JP Morgan, Bank of America, AKA Merrill Lynch, Wells Fargo to hold money in their reserves. Now we as investors and traders know that business DO NOT pay fees out of pocket, they pass it down to their customers... Us the normal people. So, now were getting charged to store money in their reserves. So, What do we do as consumers? well instead of losing money to something that will not benefit us we pull our money out and either purposefully spend it or accidently spend it. Either way it gets liquidated back into the economy. and what do the other banks do? Give out loans more freely. this is becasue a fee is a 100% guarenteed loss, however, if we loan out to a failing business we have XXX % chance of getting our money back. Now, 1.00 % chance is better than 0.00% chance. So next, the first quater was rough for many companies but it was still better than what Q2 is going to be. Q2 has almost 2.5 months of no income revenue for many business as to where Q1 had two months of earning power, then the economic shut down. so when the earnings come out or the company publishes their 10Q Report Investors are going to sell. All of that to say we have a Dirty Bullish Alternate Bat pattern on GM and the same is similar for Ford (F). 10Q comes out shares drop into the PRZ and we get a good bounce with the Q3 reports come out to show growth. #RISKFREEORBUST NYSE:GMLongby ARegularGuy6
GM signaled and we have a price target of $23+ soonNYSE:GM We had a signal recently and it's pretty strong. It looks like a $23+ target is best estimate here. This is a short term callLongby abow1007Updated 5
GM - General Motors - hold before buyingNYSE:GM Technical Analysis: The market is in a trendless stage after a bearish trend. There might be a kind of Nonfailure Swing Pattern (Reversal Pattern) before the sideways trend. It might mean that the trend was ready to change direction. It could be seen as a bullish signal. Hold for now and wait the right signal to buy for a long and short term investment Fundamental Analysis: Still negative news around the Covid-19: a fear of a possible second wave of infection is in the "air". Good News: GM nears reopening of Mexican pickup plant (GM's three vehicle assembly plants in Mexico could resume operations next week following conditions set by the government) Longby Mauriello3
General Motors Consolidates as 50-day SMA Bears DownThe last eight weeks of gains in the market have provided significant consolidation time. Many stocks that fell sharply in February and March have gone sideways and may now be at risk of continuation to the downside. General Motors could be a major example of that trend. The automaker lost half its value when the S&P 500 crashed and has done little to recover since. It’s drifted as other groups, like biotechnology and software, have advanced. That lack of relative strength is one potential red flag. Another is its tightening range between $20 and $24. GM’s highs were lower during that time, creating the potential for a bearish descending triangle. Finally, you have the 50-day simple moving average (SMA) bearing down. Will the bears find themselves in the driver's seat if GM closes below it today? The last earnings report had some glimmers of hope as CEO Mary Barra preserved cash. But ultimately, cars are economically sensitive and discretionary items. Given the current trends in employment and now deflation, GM also faces this challenging macro backdrop.Shortby TradeStation1110
GM General Motors Technical and Fundamental AnalysisBased on Fundamental and Technical Analysis, it seems that the market will go upward. Just wait the right signal to buy. Hopefully the prices will break the top resistance line.Longby Mauriello3
GM AnalysisGM might keep going up. I'm a beginner but please let me know what it means.by eizarazua111
GM EarningsI think it heads towards a double bottom, but in any case it lost a support line. This is one of the reasons why I'm not very bullish today despite the market being oversold.by hungry_hippoUpdated 5
General Motors - GM Technical and Fundamental AnalysisNYSE:GM It might jump up, just wait for the right signal. Perhaps high volumes. Stochastic is in oversold.(it does not say really a lot - it can keep being in oversold) Based on the slope of the downtrend (retracement - too fast compared to the previous rally), I would be tented to follow Technical Analysis. Fundamental News: GM will report results for the first quarter before the market opens on Wednesday, May 6. Expectation: $0.47 a share profit on sales of $32.09 billion - but not as good as the last year (I can guess) The moves announced Monday follow other cash-saving measures taken at the beginning of April, when the company deferred 20% of salaried workers’ pay, cut top executive compensation and put 6,500 employees on leave.Longby Mauriello6
For long term analysis. using Fibonacci retracement .For long term analysis. using Fibonacci retracement .Longby nabilhsoumi6
GM PennantEarnings will suck... they are gonna lose money Yet another pennant breaking to the down side if the market goes lower... The rest of transports (IYT) have the same patternby hungry_hippoUpdated 225
GM - 04/20/2020GM - tenkan-sen was crossover kijun-sen for two days, but both lines get into cloud interprets to turbulence ahead as cloud is after another cloud and the further one is getting thicker and darker ;)..by MS1103
Gap breakoutDM projection sends us to monthly roof Camarilla R4 level. Right now we are at the monthly pivot (coincides with R1) as you see. If setup fails we will end up at monthly S3. It should not. Things make sense here. Gaps work the best. This is no financial advise.Longby ICFX1
GM Cup and HandleNot really bulish on the market, but gotta play the direction it's headed. GM options are cheap with good liquidity.... it's got a cup and handle thing going, if it breaks out, $30 target.Longby hungry_hippoUpdated 9