GM trade ideas
11/14/21 GMGeneral Motors Company ( NYSE:GM )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $63.40
Breakout price trigger: $64.00
Buy Zone (Top/Bottom Range): $62.75-$60.00
Price Target: $74.00-$76.00 (1st)
Estimated Duration to Target: 47-50d (1st)
Contract of Interest: $GM 1/21/22 70c
Trade price as of publish date: $2.03/contract
Breakout or Rejection!?Money Makers!
GM is on its way to retest previous highs. I possible breakout or rejection is incoming. Let's stay patient and have your orders ready! Let me know what you think will happen below. I'm curious.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
GM broke out of the pennant patternNYSE:GM broke out of the pennant pattern. Wait for a pullback to long the stock and target 72.18$, stop daily close below 53$.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Inverse Head and ShouldersPossible stop where you see support.
Safest place I see for now is perhaps under 56, or right around there.
Long entry over neckline with an uptrend/59.11.
Head is at 47.07
RS is 53.60
LS is 52.60
No recommendation.
Intra-year cup and handle is trying to form.
This is not to long entry level today but is still fighting the resistance of the neckline today.
GM Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
