Rising Wedge identified at 18-Jun-2019 14:30 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 10.52 within the next 2 days.
General Electric Co. is heading towards the resistance line of a Rising Wedge and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
Approaching Resistance level of 10.39 identified at 04-Jun-2019 14:30 EDT
General Electric Co. is moving towards the resistance line of a Ascending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 82 days and may test it […]
General Electric Co. experienced 8 consecutive bearish candles. Possible bullish price movement to follow.
The breakout of General Electric Co. through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of General Electric Co. to test 9.33 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of […]
Head and Shoulders identified at 22-May-2019 14:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 9.78 within the next 13 hours.
Triangle has broken through the support line at 17-May-2019 14:30 EDT. Possible bearish price movement forecast for the next 2 days towards 9.62.
General Electric Co. has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 9.62 can be expected within the next 2 […]
Triangle identified at 16-May-2019 14:30 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 9.85 within the next day.