General Motors CompanyViés de alta
GM Testing Supports
Shares of GM are looking interesting right here, right now.
Fundamentally, shares are cheap at 5.8x forward estimates. They also sport a 4.3% dividend that looks safe for the foreseeable future.
The technical setup is what has me buying. Shares are testing a confluence of supports: an upward sloping trend line going back several years, previously held support at about $35, and the 200-week moving average.
Much like Ford (F), this looks like a good holding to sell calls against to boost income while you wait for the next cycle to begin.
I'm starting a small position today and will be adding on weakness. A stop loss will be about 10% below, as I intend on this being a longer-term position and want to give it room.
Fundamentally, shares are cheap at 5.8x forward estimates. They also sport a 4.3% dividend that looks safe for the foreseeable future.
The technical setup is what has me buying. Shares are testing a confluence of supports: an upward sloping trend line going back several years, previously held support at about $35, and the 200-week moving average.
Much like Ford (F), this looks like a good holding to sell calls against to boost income while you wait for the next cycle to begin.
I'm starting a small position today and will be adding on weakness. A stop loss will be about 10% below, as I intend on this being a longer-term position and want to give it room.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.