General Electric is fast approaching a major support level defined by my model and supported by historical levels. This will be a great long term buying opportunity.
Note
GE coming into smaller time frame support zone. Model still suggests 8.62-6.13 as major support. Updates to come as this progresses.Note
Reaction off of Smaller Time Frame Support. Still no signal for reversal. Watching closely.
Note
Original forecast still in force.Note
Major Support has been hit. My model has defined this zone as a High Probability Reversal Area. Buys should start coming in defined zone.
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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.