Pullback Ahead for GM

General Motors (GM) is setting up for another pullback. The stock has been in rebound mode since early August but now appears to have run out of steam.

GM bottomed just below $33.00 nearly four weeks ago before tracing out a very light-volume rally. Yesterday the stock put in a new rally high after gaining 6% off the Aug. 7 spike low. GM is off only slightly today, and volume is still relatively light, but the price action is beginning to take on a more bearish look....264 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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