20.07.2015 - The price of General Motors can rebound upwards

The price of General Motors continued to decline within the descending channel and reached the level of 30.50. In case of overcoming this mark, we expect reduction of quotations to the level of 29.00. Within the correction the price can grow up to the upper limit of the channel or the level of 32.50. Our medium-term outlook is negative but we can see a rebound in the near future.

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