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A Look at GM’s Technical Levels after Q3 Earnings Event

John Parker
A Look at GM’s Technical Levels after Q3 Earnings Event

As of November 1, General Motors (GM) stock was trading at $36.47. Since posting its all-time high near $46.76 in October 2017, the stock has lost about 22.0%. Immediate support lies near the $32.30 price level, followed by a key support near the swing low of $30.50. Only an early violation of the immediate support of $32.30 could extend short-to-medium-term weakness in the stock.