General Electric Co. has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 12 days. This breakout indicates a potential move to 12.65 within the next 12 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
General Electric Co. has broken through support of a Rising Wedge. It has touched this line at least twice in the last 12 days.
