GE - GENERAL ELECTRIC: MORE DOWNSIDE FOR THIS CORRECTION? Short

GE AerospaceNYSE

Description

⋅ Jul 30, 2016 7:50 AM

GE is bounced on upper channel and i'm expecting a deeper correction, standing at the bearish divercence on daily.
Possible scenarios:
1) breakout of lower channel
2) bounce on lower channel for one more wave up