The stock is trading at a very crucial juncture. The RSI is indicating a sideways trend, important support pivot level is 8.75, below this point the stock may falter and selling may set in as the stock may start to move down in A-B-C pattern. On the flip side a good close above 9.30 may change the course of the trend GE may start trending up. For greater insight...
- $GE is ripe for a bounce back towards $19 from the 61.8% Fibo retracement level
- RSI (weekly) is in O/S state and exhibiting positive px/momentum divergence
GE
