![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgOV_r9pcXlf3tpo9sN7GpS-os7-6cK3t8gNeTGNhQn-NLqJzbeKVG51Uag0YmyATisutwGPcgx50jYbTYZKel0dM83wk6yTscB3FvrStJxwXsHoGXD8jVKXqIVBxifd7gNlBFktw/s400/gm-25032008-27m.gif)
Founded in 1908, based in Detroit, Michigan with 266,000 full-time employees; automotive manufacturer General Motors has seemgly formed Double-Bottom pattern over a 21-month period. Long position towards the 50-day moving average for an 18% gain; stop-loss on close below $18.
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