GM Weekly Bearish Signal – $55 / $60 Bear Call Spread

GM General Motors weekly bearish signal into $60 resistance. Last tested this level and failed December 2024. If the consumer blinks and the economy softens GM will get hit.
GM Chart
Sell October 17th $55 Call @ 1.35

Buy October 17th $60 Call @ 4.30

Credit $295 

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