GM $GM Upcoming Week Analysis LONG?
GM Analysis:
RSI 1HR 52 4HR 69
STO 1HR 64 4 HR 60
Findings: there is a gap @ $52 that needs to be closed.
Action: Since the RSI and Stochastics are pretty high on 1hr and 4hr we will see a price correction towards $36 BEFORE closing the gap at $52.
WATCH the price correction at $36 before going long closing the gap at $52
RSI 1HR 52 4HR 69
STO 1HR 64 4 HR 60
Findings: there is a gap @ $52 that needs to be closed.
Action: Since the RSI and Stochastics are pretty high on 1hr and 4hr we will see a price correction towards $36 BEFORE closing the gap at $52.
WATCH the price correction at $36 before going long closing the gap at $52
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