TSLA, F and GM Forecast – US Automakers a Bit Quiet in Premarket
GMGM(US:GM) FX Empire·2025-10-08 12:56

Ford - Ford is expected to open slightly positive but faced a tough trading day previously, sitting at a previous resistance barrier, indicating a potential bounce back towards the $12.50 level [1] - A fire at an aluminum plant related to the Ford F-150 has caused production slowdowns, highlighting a supply concern rather than a demand issue [2] General Motors - General Motors is anticipated to open positively, trading around the 50-day EMA, suggesting a focus on finding value during dips [3] - The next major support level for GM is at $54, while the upside potential could reach $62, although recent selling has accelerated [4] - Traders may be taking profits ahead of the earnings report scheduled for the 21st of this month, indicating a bullish outlook despite recent pullbacks [4]