I think that looking at stocks that have been forgotten can often uncover substantial upside with attractive risk-to-reward ratios. General Motors currently trades at a 22-month support level after having been sold off from $44 to $33. You can also play the upside with minimal layout using call options.
Buy at current levels : $34.38
Stop-loss: $32.80
Take Profit Target: $38.00
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Kind Regards
Please feel free to contact the Unum Trading desk for any trading related queries : 011 384 29 29
Unum Capital. An authorised South African Financial Services Provider (FSP 564)
Buy at current levels : $34.38
Stop-loss: $32.80
Take Profit Target: $38.00
________________________________________
Kind Regards
Please feel free to contact the Unum Trading desk for any trading related queries : 011 384 29 29
Unum Capital. An authorised South African Financial Services Provider (FSP 564)