Technical analysis update: GM (27h April 2021)

General Motors continues its sideways price action. Its neutral trend is highly supported by low ADX value. However, the current level of importance sits between 56.97 USD and 57.05 USD per share. Move above this price level suggest bullish short term outlook and potential for price to move back above 60 USD per share.

Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
Chart PatternsGMneutraltobullishTrend Analysis

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