$GE Multi-year bear showing signs of slowing or even turning.

General Electric's multi-year bear may be showing signs of slowing, while the trend is still down the bulls are starting to sniff around. Getting close to it's 2009 low and at these prices the Dividend Yield of 4% is looking pretty good. Note the diverging indicators in the lower pane suggesting gathering strength in price action. Might be worth a longer term investment at these prices. If earnings are a strong beat I expect the start of a longer term bull.

Yorum:

that worked out nicely :)