On March 15, 24 the stock
GE
seems to move in a high tight flag pattern. Closing in green amid a weak overall market proves its relative strength.
A very strong stock during this uptrend.
A strong move out above this flag with volume confirmation, for me, would present a good buying opportunity.
GE
seems to move in a high tight flag pattern. Closing in green amid a weak overall market proves its relative strength. A very strong stock during this uptrend.
A strong move out above this flag with volume confirmation, for me, would present a good buying opportunity.
Trade active:
The stock indeed broke out of this pattern on March 19, we opened a position today.
