General Electric Co. has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 55 days. This breakout indicates a potential move to 13.67 within the next 3 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
PFE is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.
PFE is moving towards a resistance line which it has tested numerous times in the past. We have…
Supports and resistances are primary concepts of technical analysis. XOM is heading for an important price of 118.8200 – read about what this could mean for the future.
XOM is heading towards a line of 118.8200. If this movement continues, the price of XOM could test…
Could a large bearish move on AMD be a sign of things to come?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…