General Motors Trading Analysis (29/05/2025)

The trend is up. The stock is trading between 365 and 135 EMAs. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trade idea:

• Buy at the beginning of the formation of an ascending wave structure, when wave A breaks the sloping channel of the descending truncated structure.
• Stop loss below the local minimum of the descending truncated structure.
• Price targets at 49.50 and 50.50.

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