VasilyTrader

GENERAL ELECTRIC (GE): Close To Supply Zone

Short
NYSE:GE   GE Aerospace

General Electric is very close to a decent area of supply.

looking left at structure we can see how the underlined area was significant for the market participants in the past.

+ rsi has reached the overbought condition and we haven't seen a bearish reaction on this stock since summer 2019.

good luck!

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