The movement of General Electric Co. towards 102.60 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 102.60 numerous times, General Electric Co. is once again approaching this price point. Can we expect a bearish trend to follow?
