GM Update(Bull Flag Breakout?)

GM Update(Bull Flag Breakout?)

$GM begins the week with a nice gain(+1.8%).  Held its earnings inspired breakout gap quite nicely at this month’s low.  Now up 7.5% from the 11/15 low.  Looks headed for heavy resistance near the declining 200D moving average.  Sticking with...
General Motors Running Hot

General Motors Running Hot

$GM continues to power higher on very heavy trade after opening the session with a huge earnings fueled upside gap.  With less than 30 minutes to go the stock is up 10% and is trading above the September highs.  If GM can close above $36.50 it will complete a major...