GE Falling Wedge

9 Nis 2018

I believe its Way oversold at this point, dont know how a giant company like GE can fall for so long without having some kind of bounce so if theres a break out of this wedge i would expect it to be a good long for a ride back up to 15 at least, the 50 will also be some R to break through.

17 Nis 2018

Not

Finally broke out with the market. Would expect it to run into some issues at 14 with the 50sma but if we can get past it I think GE is long overdue for some gains.