Graphing fundamentals is extremely important for an investor. You can see important levels that matter to other fundamental investors.
The reason for GM's recent strength may be simply from falling crude oil prices and still low interest rates along with generous financing available for automobiles.
Given the sharp drop in crude oil, I think the best days for this trade/investment are behind it and I will be working on reasons to sell short GM over the next week or two, especially as momentum dies up here and the valuation metrics get a bit stretched. 20% return for a solid company like GM is an excellent risk/reward opportunity.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.