Intraday Technical Analysis Of General Motors Company
Image Source: Unsplash
Today’s instrument is General Motors Co’s stock traded on the NYSE exchange under the ticker GM.
Looking at the GM’s chart, we can see that it was lastly traded at around $36.27.
Today it is announcing the quarterly earnings and if the market’s anticipation is positive, then we should expect the price to rise toward its resistance level at around $38 otherwise it could drop to test its support level at around $35.
(Click on image to enlarge)
More By This Author:
Daily Technical Analysis Of EURUSD - Monday, Jan. 30
Intraday Technical Analysis Of Advanced Micro Devices Inc.
Daily Technical Analysis Of EURUSD - Friday, Jan. 27
Disclaimer: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular ...
more
Comments
