GM (General Motors) Stock Chart

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So where should I start. This stock has burned alot of investors in the past. Looking at the chart,  there seems to be a trading range since August of last year. If you are looking to buy, I would wait till it gets down to 19 and hopefully holds the support or buy at 27 on high volume. I myself am not too interested in this stock technically.  However Warren Buffett’s Berkshire Hathaway Inc. recently released that they purchased 10million shares of GM. Now we all know that Warren Buffet buys on value so this is a good sign for long term. So if this is a long term trade, I would feel safe with Warren Buffet by my side.