GM and LI , new 52-week high last week
British bus and train operator FirstGroup PLC announced a $2.8 billion deal Friday to acquire Greyhound owner Laidlaw International Inc.
GM made new 52 wk high last week. If you look at the above chart, you can see the RSI, MACD and Stochastics are all positive. The stock is overbought, and may need to work this condition before heading higher.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's all. Have a nice weekend !!!!
AC
