Ki11er-Trader

GE Finally Time To Go Long

Long
NYSE:GE   GE Aerospace
After 2 years of a solid down trend GE has finally shown some strength to form a breakout. I have began to open a long potion in GE at $13. 95. My price target in the sort run is $15. If a breakout continues I will be cautious to watch for a pull back to the old resistance, which will be the new support in the coming days/weeks. If the price action pulls back after the breakout to the new support and holds, I will be adding more to my position. Good luck to all and happy trading.
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.