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Very long very bearish GE market might be ending
GE Aerospace
Long
Very long very bearish GE market might be ending
By MrRenev
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Updated
Jul 24, 2018
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Jul 22, 2018
Looks like general electric is bottoming.
It's visiting a level that has been reactive in the past, the monthly RSI is at it's ath on the monthly (very slightly higher)
If that support gets reached with bullish divergence again (daily & weekly chart too), I think it won't be a bad idea to go long.
I am prepared.
It could also spike too fast and/or during pre-market so we all miss it rip.
Jul 24, 2018
Note
Maybe this is the spark that GE needs to get going?
"126-Year-Old General Electric (GE) Invests in Blockchain Cybersecurity Startup"
Back in the days people used sex to sell, now it is blockchain.
Just stamp "blockchain" on anything, see your price go up 50% :)
GE
generalelectric
Oscillators
Support and Resistance
MrRenev
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