GM's stock price has been plummeting since late July 05. It has already bounced back from its 52 week low of 20 to 23.58, and yet it still remains significantly below its 50 and 200 day moving averages. Also, I believe the hammer sign on its candlestick graph is a bullish signal as it was earlier in late April 05 and early October 05.
Graph from Yahoo Finance.
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