GM Weekly Fork-Wave Largo

General Motors CompanyNYSE

Descripción

⋅ 22 de Oct. de 2022 16:48

NYSE:GM

GM Weekly Fork-Waves

It looks like GM is about to enter Wave 3 of a larger-degree Wave 3.

This goes against the current market sentiment.

This is valid as long as the July low at $30 holds.

Fat_Fat

Comentarios

⋅ 22 de Oct. de 2022 19:25

Same Chart - Linear, one fork removed because they basically converge in linear.

Pitchforks Elliott Wave

Comentarios

doctradez

⋅ 22 de Oct. de 2022 19:24

But with election pump and Santa rally - quite possible to get pushed upward instead of downward just by aapl/msft /tsla alone

doctradez

⋅ 22 de Oct. de 2022 19:23

But if it rejects that former high, could retrace a little back into 32-33 area

doctradez

⋅ 22 de Oct. de 2022 19:21

I see a nice cup forming… either the start of a huge inverted h&s or cup forming to play downside later for handle, then right back up. This ofc is a Guestimation of what would be a play spanning a couple months

JimmyStonks

⋅ 22 de Oct. de 2022 17:07

It looks like the economy affects it, per the covid low and the high in aug. Maybe better plays out there?

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