GE for a friend … let me know if you have any questions.

wait for a little lower?

note all three legs up (blue arrows) were exactly the same and so this move down was to be expected.  using the last ‘big’ move down as a projection and it comes into that 23-24 area.

I DO NOT LIKE THAT IS HAS REACTED WEAK ON THE LONG TERM LOG TREND LINE FROM 2009.

B

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

One thought on “GE for a friend … let me know if you have any questions.”

  1. GE looks to be a real tough stock to make any clear cut TA on. Your interpretations seem as good as it gets for this one. Does make me wonder how the only original member of the DJIA 30 can be so far off the pace from
    the actual index of which it is the sole survivor. Guess time in grade doesn’t count much in the world of stocks !!

    Reply

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