I think that looking at stocks that have been forgotten can often uncover substantial upside with attractive risk-to-reward ratios. General Motors currently trades at a 22-month support level after having been sold off from $44 to $33. You can also play the upside with minimal layout using call options.
Buy at current levels : $34.38 Stop-loss: $32.80 Take Profit Target: $38.00 ________________________________________ Kind Regards
Please feel free to contact the Unum Trading desk for any trading related queries : 011 384 29 29 Unum Capital. An authorised South African Financial Services Provider (FSP 564)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.