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General Motors to Recall 300,000 Cars

Todays General Motors (NYSE:GM) announced that it would recall 300,000 Chevrolet Cruze form 2011 and 2012 due to issues with the brake assist.

GM’s stock has been down all day along with the general market. Currently GM is trading at $34.22 a share. According to the technicals, it might be a good time to buy, do you agree?

(Chart Source: Finviz.com)