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GE - 14% Potential Gain - Descending Triangle
GE Aerospace
Short
GE - 14% Potential Gain - Descending Triangle
By maschera
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Updated
Aug 5, 2020
6
Jul 30, 2020
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GE is about to break through support in a well-formed descending triangle.
Once current support is reconfirmed as new resistance, place a Limit Sell Order at $6.45.
Potential for a 14% gain if new support it established at $5.50.
Aug 5, 2020
Trade closed manually
5.81% profit
Chart Patterns
Descending Triangle
generalelectric
shortsetup
swingsetup
swingtrade
swingtrading
Trend Analysis
maschera
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