General Electric Co. is moving towards the resistance line of a Ascending Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If General Electric Co. continues in its current trajectory, we can expect it to reach 10.50 within the next 8 hours.
Related Posts
Breach of support could mean a start of a bearish trend on V
V has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen…
META experienced 4 consecutive daily bearish candles to reach a price of 619.4250
META has moved lower after 4 consecutive daily candles from 632.0500 to 619.4250 in the last 7 days.
BABA has broken through a level it has tested 7 times in the recent past.
BABA has broken through a line of 85.0500. If this breakout holds true, we could see the price…