General Electric Co. is moving towards a line of 76.52 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If General Electric Co. continues in its current trajectory, we may see it move towards 76.52 within the next 9 hours.
Related Posts
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…