General Electric Co. has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 12 days. This breakout indicates a potential move to 12.65 within the next 12 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
AMZN posted 7 consecutive bearish Daily candles.
AMZN moved lower from 233.7700 to 218.1650 after 7 consecutive daily candles over 10 days.
XOM – breach of price line that’s been previously tested numerous times before
XOM has breached the resistance line at 115.4800. It may continue the bullish trend towards 117.9020, or, it…
ADBE has broken through resistance of a Triangle. It has touched this line at least twice in the last 8 days.
This trade setup on ADBE is formed by a period of consolidation; a period in which the price…