prcruz408
Long

GE going bonkers - catching the new trend.

NYSE:GE   GENERAL ELECTRIC CO
Recently GE             shares went after the announcements they made to improve their business - this resulted in a +10% move in a matter of days - the stock has cooled off a bit from the recent highs.

This may be a new trend - magnitude of the move certainly speaks of large institutional demand for its stock .

I believe there could be upside to especially given that the move up blew past key areas and expect short covering to take place if prices return to these levels.
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