21.03.2016 - Quotations of General Motors may rise by 10-12%

Stock price of General Motors showed strong growth after was able to gain a foothold above the level of 30.30. Currently quotes are below the level of 32.10 and after its overcoming with a high probability, we expect a continuation of the upward movement inside the rising channel to the target levels at 34.40 and 36.50. The fall in the near future is limited by a strong support level at 30.30. Our medium-term outlook is positive.

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