RE: Tuesday strong upward turn around9 Jun 2020 08:27
Indeed, interesting chart talk. Looks like the bounce is imminent- could it be today or tomorrow?
Either way coupled with a solid RNS, I’m here to enjoy the ride.
I feel shares will now be in stickier hands especially from the longer term and paper loss holders who know the potential and want to return to those highs in the 400’s.
We know the reason for SP drop - Vatel and their circa 811,000 offload. Once cleared we have an abundance of news that no doubt GM is itching to release, but NOT before the downward pressure has finished.
Hold your nerve and be patient, holders time will come!!