22.05.2015 - Shares of General Motors may shift to a positive trend

The price of shares of General Motors show a steady growth and now has reached the level of resistance at 35.50 and the upper boundary of the channel. In case of fixing above these levels, we expect further growth of quotations to 37.00 and 39.00. At the same time, there is the possibility of renewed downward movement and reduction of price in the downward channel. We recommend to wait for a signal to open new positions.

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