Short around $36.60. The intermediate term target would be around $32. Stop zone few points above $37 on volume. This trade would be low risk high reward if successful.
Looks as if a lower high is forming around this level but I dont have that much conviction as the market held up again.
If the stop triggers GM can retest highs even maybe $40?
Looks as if a lower high is forming around this level but I dont have that much conviction as the market held up again.
If the stop triggers GM can retest highs even maybe $40?
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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.