The breakout of General Electric Co. through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of General Electric Co. to test 104.38 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
NVDA – breach of a trending resistance line that has been tested at least twice before.
The last 8 1 hour candles on NVDA formed a Triangle pattern and broken out through the pattern…
If you’re short NFLX you should be aware of the rapidly approaching level of 1227.4800
NFLX is moving towards a resistance line. Because we have seen it retrace from this level in the…
Because AVGO formed a Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Triangle detected on AVGO – the pattern is an emerging one and has not yet broken through…