michael_poos

GE Which Way?

NYSE:GE   GE Aerospace
An argument could be made here for a bullish pennant. Historically ~$13 has been a strong area of resistance looking back at Oct 2018 and Feb 2020. GE has been trading in bullish trend for a while now. As of recent it seems to consolidating with some indecision. If it breaks through the $14 barrier, could continue a nice bull run, however if it breaks to downside, I think we could see a retracement back to the ~$11.80 level and further consolidation.

This is my first idea, any feedback is welcome.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.