General Electric Co. has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of General Electric Co. to test 11.17 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Breach of support could mean a start of a bearish trend on General Electric Co.
