Expecting a two-legged correction to MA 20 level for GE.
It has drawn a nice wedge followed by micro-wedge recently, so correction to at least .382 fib level is a must here.
TP at 22.2, SL at 23 (a strong resistance here) if triggers an entry at 22.7
Jack Welch retired at the top of the 2000 peak in GE shares and was universally viewed as a genius, visionary, expert and the most evangelist CEO in the world. I can't help but think that perhaps AAPL will share a similar fate with the transfer of power from Jobs to Tim Cook. GE was the largest cap stock in the world at the peak (north of $600 billion back then)...
