General Electric Co. has broken through a line of 90.36 and suggests a possible movement to 88.78 within the next 13 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 14 days.
Related Posts
It’s time to make a decision on BRK.B – its recent breach of 500.4800 could be a sign of a new trend to follow.
BRK.B has broken through a support line. Because we have seen it retrace from this price in the…
XOM – approaching a support line that has been previously tested at least twice in the past
XOM is approaching the support line of a Channel Down. It has touched this line numerous times in…
If you’re short PYPL you should be aware of the rapidly approaching level of 72.0900
The price of PYPL in heading back to the resistance area. It is possible that it will struggle…