Tuesday, July 24, 2018

Automobile Earnings On Tap, Watch These Trade Levels $GM

Tomorrow is a big day for the automobile stocks. Leading auto stocks such as General Motors Co (NYSE:GM), Ford Motor Co (NYSE:F) and Fiat Chrysler Automobiles (NYSE:FCAU) are all scheduled to report earnings tomorrow. General Motors Co (NYSE:GM) is going to be on my radar if the stock declines. Traders should watch the $35.00 area if the stock falls sharply after the announcement. This level is where the stock was defended in March 2018 and should be excellent support if retested.



Gareth Soloway
InTheMoneyStocks