Looking at the 3yr chart it's recently broken above
$26.50-$27.50 resistance and may be breaking out from a multi-year
basing pattern. From here $32 looks possible. JMO.
--
Finance companies, Banks, USGovt, USFed all trying to
resurrect sub-prime lending especially in car financing. May well
be succeeding.
GM Bullish View
GM a TOP?
Posted by rixx on 7th of Jan 2013 at 11:26 am
Looking at the 3yr chart it's recently broken above $26.50-$27.50 resistance and may be breaking out from a multi-year basing pattern. From here $32 looks possible. JMO.
--
Finance companies, Banks, USGovt, USFed all trying to resurrect sub-prime lending especially in car financing. May well be succeeding.
Rixx Thanks I am
Posted by rbreese on 7th of Jan 2013 at 11:40 am
Rixx Thanks I am a short term trader and did short it at 29.62.