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General Motors Is on Shaky Ground

Posted By Charlie on Articles

http://www.thestreet.com - Shares of General Motors closed out last week with an ugly drop. The stock opened Friday with a news-inspired downside gap and remained under fairly heavy selling pressure all day despite the broader market's big upside reversal. GM's 3% fall drove the stock back down to a very key support zone. If the stock fails to hold the $30 area as April gets underway, a deep pullback may be ahead.

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