Breach of 11.18 could mean a start of a bullish trend on General Electric Co.

General Electric Co. has broken through a line of 11.18. If this breakout holds true, we expect the price of General Electric Co. to test 11.28 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.