On March 15, 24 the stock
GE seems to move in a high tight flag pattern. Closing in green amid a weak overall market proves its relative strength.
A very strong stock during this uptrend.
A strong move out above this flag with volume confirmation, for me, would present a good buying opportunity.
A very strong stock during this uptrend.
A strong move out above this flag with volume confirmation, for me, would present a good buying opportunity.
Trade active
The stock indeed broke out of this pattern on March 19, we opened a position today.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.