Watching this potential setup closely for a move towards 17.50.
Trade active:
GE appears to have completed the other shoulder today. Upwards momentum and not yet overbought seems good towards a 17.50 target.
Comment:
Welp, all Flannery had to do was not shit the bed today, and that's pretty much what we got. Coughed up everything from the spinoff and more. I'm stopped out at $14.- but haven't reached that yet
Trade closed: stop reached:
Got stopped out yesterday at $14. Been bouncing at that level, considering this a failed breakout at this point