General Motors Stock Analysis - GM Stock forecast with Technical Analysis - 14/05/2020

General Motors Stock Analysis - GM Stock forecast with Technical Analysis - 14/05/2020

NYSE:GM Technical Analysis: The market is in a trendless stage after a bearish trend . There might be a kind of Nonfailure Swing Pattern (Reversal Pattern) before the sideways trend. It might mean that the trend was ready to change direction. It could be seen as a bullish signal. Hold for now and wait the right signal to buy for a long and short term investment Fundamental Analysis: Still negative news around the Covid-19: a fear of a possible second wave of infection is in the "air". Good News: GM nears reopening of Mexican pickup plant (GM's three vehicle assembly plants in Mexico could resume operations next week following conditions set by the government)