GM (General Motors)

$GM ‌
📊 What the Chart Is Telling You
Reading your 4H chart with BOLL + SuperTrend + MACD:
Price: $81.45 — trading below the middle Bollinger Band ($82.00) and well below the SuperTrend line ($84.41), which is bearish
Bollinger Bands: Price is in the lower half of the bands (LB: $80.51). A close below $80.51 would be a confirmed breakdown
SuperTrend: Flipped bearish — price is under the $84.41 line, signaling downward momentum
MACD: MACD (-0.10) crossed below the signal line (DEA: 0.29), histogram turning red — bearish crossover confirmed
Recent structure: Topped out near $85.17, now making lower highs
🗺️ Trade Plan
🐻 BEARISH SCENARIO (Higher Probability Based on Chart)
Parameter
Level
Entry (Short)
$81.80–$82.20 (retest of MB/broken support)
Stop Loss
$83.60 (above SuperTrend + UB zone)
Target 1
$80.51 (Lower Bollinger Band)
Target 2
$78.50 (prior swing low visible on chart)
R:R
~1:2
Trigger: Wait for a bounce up to $81.80–$82.20 that fails to reclaim the middle band with volume.
🐂 BULLISH SCENARIO (Counter-trend, riskier)
Parameter
Level
Entry (Long)
$80.51–$80.75 (LB bounce + oversold)
Stop Loss
$79.50
Target
$82.00–$82.50 (reclaim MB)
R:R
~1:1.5
Trigger: Bullish engulfing candle on 4H at or near the lower band with MACD histogram turning green.
⚠️ Key Context to Watch
GM closed the week of June 1–5 at $82.11, down ~1.4% for the week (GM Authority) , confirming the short-term weakness you see on this chart
GM raised its full-year 2026 guidance and now expects gross tariff costs of $2.5B–$3.5B (General Motors) — fundamentally not a disaster, but the chart is leading price lower near-term
Market opens in 1D 1h 51m per your screen — plan your entry levels overnight