GM will be going to $48.6 from falling wedge formation break out .Looking good for Swing traders. For day traders ,a top down analysis on 4H and 1H charts using Fib retracement and S/R (bounce $40.78-48 area)
Details description of analysis and prediction on the charts
The rationale of the analyses and prediction all laid out on the charts: Top down 1D, 4H,1H and 5Min charts
LAC has been in an uptrend on Daily chart since 16th march of 2020.Took a steep uptrend from 9th Aug 2021 forming a bull flag on Nov 5th 2021 which broke out on 8th Feb '22 to the highs of $39. Triple bottom formation from 24th Feb '22 to 15th March '22 bouncing to highs of $39 again! A pennant has formed since 15th March '22 and should break out to $39 if not more