April 29, 2013 at 10:55 AM EDT
Today’s Technical View on GM, TSLA, PCAR, and WNC

StockCall.com Provides Stock Research onGeneral Motors, Tesla Motors, PACCAR, and Wabash National

New York City, New York -- (April 25, 2013)

A report released by the Commerce Department on Friday showed that the U.S. economy grew 2.5% in the first quarter of 2013. Although the pace of growth was significantly higher than that seen in the previous quarter, it was below the consensus forecast of 3%. The GDP data suggests that the U.S. economy is not out of the woods yet. Despite the economic uncertainty, auto sales in the U.S. have remained robust, which is a good sign for automakers such as General Motors Company (NYSE: GM) and Tesla Motors Inc. (NASDAQ: TSLA). However, economic uncertainty is expected to have a negative impact on demand for trucks, which does not augur well for truck makers such as PACCAR Inc. (NASDAQ: PCAR) and Wabash National Corporation (NYSE: WNC). Shares of automakers and truck manufacturers ended mostly lower on Friday as the broad market struggled following disappointing GDP data.StockCall initiated free in-depth technical analysis on GM, TSLA, PCAR, and WNC which are currently available upon sign up at

www.stockcall.com/research

Shares of General Motors Company rose to a 52-week high of $30.80 on Friday. However, the stock failed to hold on to its gains. General Motors’ shares ended the day 0.68% lower at $30.50 on above average volume of 13.47 million. The company’s shares are currently trading well above their 50-day and 200-day moving averages, which is a bullish signal. The positive trend is further confirmed by the stock’s MACD chart. Shares of GM have support at around $30.Sign up for the free technical analysis on GM at

www.StockCall.com/GM042613.pdf

Shares of Tesla Motors Inc. also failed to hold onto their gains after touching a 52-week high on Friday. The stock rose to a 52-week high of $53.74 before finishing the day 1.54% lower at $51.20 on above average volume of 3.62 million. Its shares saw a pullback on Friday after seeing a series of highs over the past two weeks. The stock’s MACD chart is still giving bullish signals. Year-to-date, Tesla Motors’ shares have gained more than 51%, easily outperforming the broad market.Download the free report on TSLA by registering at

www.StockCall.com/TSLA042613.pdf

PACCAR Inc.’s shares edged lower in trading on Friday, touching an intra-day low of $49.30. The stock closed 0.60% lower at $49.52 on volume of 1.30 million. Despite the pullback, PACCAR’s shares have gained nearly 1.60% in the last three trading sessions. The company’s shares crossed above their 50-day moving average last week which is a bullish signal. The stock’s MACD has also crossed above the signal line and the zero-line, further confirming the positive trend. Shares of PCAR are facing resistance at around $51.The free report on PCAR can be downloaded by signing up now at

www.StockCall.com/PCAR042613.pdf

Shares of Wabash National Corporation rose sharply on Friday, extending their gains from previous trading sessions. The stock ended the day 1.50% higher at $9.48 on volume of 710,000, taking its gains in the last three sessions to over 6%. Wabash’s shares saw a series of highs last week which is a bullish signal. The positive trend is further confirmed by the stock’s MACD chart. Year-to-date, Wabash National’s shares have gained nearly 5.70%, underperforming the S&P 500.Free report on WNC can be accessed by registering at

www.StockCall.com/WNC042613.pdf

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