Big movement expected on General Electric Co. after a breach of the support

General Electric Co. has broken through a support line of a Triangle and suggests a possible movement to 9.42 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.