AlexandreFF

General Electric for now

NYSE:GE   GENERAL ELECTRIC COMPANY
222 4 3
I wil buy some GE             stock for now and add some more if the price retests the lower trendline .
Update: We're in presence of an ascending pennant pattern the downtrend might continue.
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AlexandreFF AlexandreFF
Ascending pennant pattern anulated
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Nice trend line touch, just be wary of conflicting weekly stoch currently in sell swing.. while daily is deep oversold, weekly trumps it/may lead to daily buy swing with preference to time over price advancement
snapshot
+1 Reply
AlexandreFF NickCoulby
Thanks for your chart, it's always good to see what's happening in the short term, this sell signal might be an indication to buy more at the retest of the lower trendline on the daily chart let's see !
+1 Reply
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