$GE Potential Short Setup

General Electric macro overview is bearish and is forming a rising wedge pattern from the 2009 lows and finding resistance at the 61.8% retracement level around the $28.30's. A similar rising wedge pattern occurred after the relief rally off the lows in 2002, which retraced exactly 50% from the 2000 high in the low $42's and broke back down to flush prices into the $5.70's. Watching for 61.8 level to hold as resistance and for price to break and retest the $24 level (50% retrace) to take this short. For now we wait patiently and let price dictate !
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out