General Motors Company witnessed a rebound after forming a higher low at 45.93, to violate the minor resistance level of 48.04 by yesterday's session. then remaining above this level, will drive GM to test the last peak at 49.35, which is the level that needs to be violated to confirm the current uptrend, with higher targets near 50.35 - 50.80 - 51.50 - 52.90 - 54.35.
The stop-loss lies below 47.00.
the indicators are heading toward the positive side, which confirms the mentioned positive scenario.
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