GE Aerospace – Daily Chart

Market Structure
After a strong bullish trend, the stock experienced a V-shaped correction and rebounded back toward a key resistance zone. Price remains above the rising moving average, confirming that the primary trend is still bullish, but the current area is critical.

Short-Term Outlook
• Primary scenario:
The 316–318 zone is a major resistance. Price reaction here will define the next move.
• Key support:
300–295 zone, aligned with the moving average
• Bullish short-term targets (on breakout):
• 330
• 340
• Short-term stop loss:
Daily close below 295
• Bearish alternative:
Rejection from resistance may lead to a pullback toward 285–280

Mid / Long-Term Outlook
• Trend:
Bullish structure remains intact
• Price logic:
Recent move resembles a healthy pullback within a broader uptrend
• Long-term targets:
• First target: 350
• Extended target: 370 – 380
• Long-term invalidation:
Weekly close below 280

Fundamental Summary
• Strong exposure to aerospace and defense contracts
• Benefiting from global defense spending growth
• Long-term order backlog supports revenue stability
• Cyclical sensitivity, but solid structural growth outlook