No jack can raise the price of General Motors now

  • May 12 2022
  • by
  • Analyst AZA
No jack can raise the price of General Motors now

No jack can raise the price of General Motors now

For several days, the major US indices have been falling in price. Also, the increase in the price of gasoline and diesel fuel had a adjective impact on the share price of General Motors. The price has been in a downtrend since April. The price had strong support at $37.24. But now it is broken and most likely this level will not withstand the onslaught of bears. You can open a short position as soon as the price drops even lower.

Symbol: GM
Order Type: Pending Order - Sell Stop
Entry Price at 37.10
Take Profit at 36.20
Pips Earning: 90

Daily fx strategy:
EURUSD sell at the price of 1.0420
USDJPY sell at the price of 128.40
GBPUSD sell at the price of 1.2160
USDCHF buy at the price of 0.9975

The result of a trading recommendation.

The result of a trading recommendation for General Motors shares.

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The profit can be $90.00 if the trading volume of 100 Shares.


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