The breakout of General Electric Co. through the support line of a Double Top could be a sign of the road ahead. If this breakout persists, we expect the price of General Electric Co. to test 6.00 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, General Electric Co. has finally broken through. Can we expect a bearish trend to follow?
