General Electric Reversal

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In the spirit of “everything is going up anyway”, let’s take a look at General Electric, which is one of the few stocks which has actually had a rotten 2017. Take a look at the indicators basing and turning higher as the price collapse seems to have put the brakes on.


As long as the price doesn’t tag 17.45, it seems to me GE is basing for a recovery rally.

slopechart_GE (1)