After its correction Monday and Tuesday, GE had an upward triangle breakout and thus still appears to be in an uptrend. I will look to buy the support price of 10.19 and set my stops below the channel.
Comment:
With today's step up, 10.19 was looking unlikely, so I changed my limit buy to 10.23. If I miss it, NBD. I have other irons in the fire. Stop loss 10.16. My personal take-profit target is 10.62, but your mileage may vary.
