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A final push possible on General Electric Co. as it starts approaching a price line of 98.50.

General Electric Co. is heading towards 98.50 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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BCHGBP – breach of a trending support line that has been tested at least twice before.

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