General Electric Co. has broken through a line of 90.36 and suggests a possible movement to 88.78 within the next 13 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 14 days.
Related Posts
If NFLX touches 1180.9000 it may be time to take action.
NFLX is heading towards a line of 1180.9000. If this movement continues, the price of NFLX could test…
A possible move on BABA as it heads towards resistance
BABA is approaching the resistance line of a Channel Down. It has touched this line numerous times in…
Will BIDU break through the resistance level it tested before?
BIDU is moving towards a resistance line. Because we have seen it retrace from this level in the…