GM had a large amount of volume in an uptrend during the overall market selloff on Friday. If it holds on Monday we could see a breakthrough to new recent highs.
Check the minute chart and you'll see a ton of volume right at close while the market was doing the opposite.
Check the minute chart and you'll see a ton of volume right at close while the market was doing the opposite.
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Closed at prior resistance level today, may be treating that as support. If it fails tomorrow just have stop losses tight.