Mauriello

General Electric - GE Technical Analysis

Mauriello Updated   
NYSE:GE   GE Aerospace
The idea is to wait the end of the price retracement before going long. Prices might get the price level of 6.20 USD before bouncing back up again.
Stochastic shows that it is still on oversold (not yet time to go long)
Comment:
The Treasury Department is considering holding off on giving more companies access to an untapped $17 billion relief fund for national security businesses in case Boeing Co. and General Electric Co. eventually need the money, according to people familiar with the matter.

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