Watch These GM Price Levels as Stock Plunges After Trump’s Auto Tariffs Announcement
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General Motors shares are likely to remain in the spotlight after leading the S&P 500 lower Thursday amid concerns about the potential impact of the Trump administration’s newly announced tariffs on auto imports.
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A bearish engulfing pattern recently emerged on the chart following a short-lived upswing that preceded today’s drop on above-average volume.
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Investors should monitor important support levels on GM’s chart around $45 and $40, while also watching key overhead areas near $50 and $55.
General Motors (GM) shares are likely to remain in the spotlight after tumbling Thursday amid concerns about the potential impact of the Trump administration’s newly announced tariffs on auto…
