A clean Rounding Bottom often precedes a big move. Validate your entry.
Gradual reversal from bearish to bullish.
GM is showing interesting structural developments at $82.64. Currently at $82.64, the asset is showing upward momentum (2.44%). Algorithmically, a Rounding Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $85.41, targeting $100.54 with support near $77.84 (R:R 2.0).
What is your outlook on GM?