GE AerospaceLong
GE March 15, 24: A High Tight Flag
Updated
On March 15, 24 the stock GE seems to move in a high tight flag pattern. Closing in green amid a weak overall market proves its relative strength.
A very strong stock during this uptrend.
A strong move out above this flag with volume confirmation, for me, would present a good buying opportunity.
GE seems to move in a high tight flag pattern. Closing in green amid a weak overall market proves its relative strength.A very strong stock during this uptrend.
A strong move out above this flag with volume confirmation, for me, would present a good buying opportunity.
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The stock indeed broke out of this pattern on March 19, we opened a position today.
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