General Electric potential short Short

GE AerospaceNYSE

Description

⋅ Oct 16, 2019 11:06 PM

Double Bottom breakout
likely to find support at $9.6 after breakout and
will test resistance at $10 for the fifth time, reversal trend likely, enter short.
due to earning issues, stock may fall and test $6 support level.

Comment

⋅ Oct 30, 2019 8:47 PM

UPDATE!
We broke through the double bottom.
Found support between $9.80.
Major resistance at $10.50-11.00.

Comments

TogamiTrader

⋅ Oct 20, 2019 6:11 AM

Nice chart. I also believe this stock will boost up, and then retrace. It hurts because I love the premise of GE's business. Oh well.

turtle44

⋅ Oct 20, 2019 6:36 AM

@TogamiTrader, I agree. GE has a lot of potential. I Will definitely go long in the future.