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GM
Benzinga
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Top 2 Consumer Stocks That Are Ticking Portfolio Bombs

1. GM's stock gained 28% over the past month, hitting $71.34 high. 2. Q3 financial results exceeded expectations, improving FY25 EPS outlook. 3. Current RSI for GM is 71.8, indicating it may be overbought. 4. Shares closed at $71.05, reflecting a slight gain of 0.4%.

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FAQ

Why Bearish?

An overbought RSI signals potential short-term price correction, as seen in historical patterns.

How important is it?

The RSI over 70 indicates a potential reversal, which is critical for investors.

Why Short Term?

The overbought status and momentum indicators suggest imminent price corrections, impacting GM soon.

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