General Motors Corp (GM) has been on a tear last few weeks, as GM has continually surpassed Wall Streets expectations. GM's chart shows that this upside push looks to continue over the short term.

GM's 60-day chart shows that GM recently broke through an ascending triangle. The leg on the largest part of the triangle is $4.00 from 34-38. This indicates that the upside push in GM will continue from 38 until 42. Right now GM is trading just above 38. With that in mind, GM could be a nice swing trade over the next month.



Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.