General Motors (GM) is a corporate name that needs no introduction. Shares of GM declined from early January and corrected roughly 50% -- a sizable pullback that can attract longer-term investors. From its June/July lows the car maker rallied toward the underside of the declining 200-day moving average line. GM has slipped below the rising 50-day moving average line so a fresh review of the charts is in order.
More from Investing
Now with the jobs report out later this week, let's see if buyers have sufficient confidence to put more cash to work
Let's roll up our sleeves and check out the charts and indicators.
Let's check the price to watch for BLK.