General Electric Co. has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 32 days and suggests a target line to be around 6.12 within the next 3 days.
Related Posts
If MSFT touches 514.9850 it may be time to take action.
MSFT is moving towards a resistance line. Because we have seen it retrace from this level in the…
INTC hits 20.4100 after a run of 6 consecutive 4 hour candles spanning 6 days.
Due to the rate of consecutive bearish candles on INTC 4 hour chart we could be in for…
V is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Emerging Triangle pattern in its final wave was identified on the V 4 hour chart. After a strong…