Today we will analyze the stock GENERAL MOTORS CORPORATION (GRM) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in GENERAL MOTORS CORPORATION (GRM)
1- Last bearish trend was from 23.11 $ (4/25/2011) to 22.15 $ (5/13/2011) a 0.96 $ move 2- The current bullish trend started from 22.15 $ at 5/13/2011 and is currently trading at 25.51 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
GENERAL MOTORS CORPORATION (GRM) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bullish stock channel identifed by support at 22.150 and 16.710,resistance between 23.110 and 17.850 which was broken down at 25.340.
GENERAL MOTORS CORPORATION (GRM) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 16.710 and 16.030, and is currently supporting at 19.152.
GENERAL MOTORS CORPORATION (GRM) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 16.030 and 10.970,resistance between 17.990 and 12.940 which was broken up at 22.220 in higher than usual volume.

Stock Trading Conclusion:
GENERAL MOTORS CORPORATION (GRM) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 36.24.
Stock Support levels : 24.72, 24.23, 23.83, 23.80, 23.43, 22.15,.