GM / Ford gains = added nitrous for TSLA today! 😎😎
GM announces buyback + dividend increase with precise timing……right at the sweet spot / breakout point on charts of Auto Manufacturers sector.
So instead of just TSLA driving the gains of the auto sector and the other companies within, GM will also be pushing up the sector as a whole along with TSLA mid breakout.
I dont know about you, but the timing of this announcement with all of the above is added confirmation of a continuation of yesterday’s run in TSLA. The gains in auto sector and GM, Ford etc will serve as nitrous for $Tesla (TSLA.US)$ moving up and vice versa.
LFG
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RIPPER OP : Boom in auto