GE Found its Bottom?
GE is showing strong support just below the $20 mark, and this aligns with previous support levels. We're also seeing an enveloping bullish candlestick pattern on the daily and, on the 15 minute chart, an ascending triangle. These are all bullish signs.
Look to enter a small position long by today's close if signs continue positive, and increasing this position on Monday after a confirming move.
Look to enter a small position long by today's close if signs continue positive, and increasing this position on Monday after a confirming move.
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