General Electric Company has broken through a support line. It has touched this line at least twice in the last 77 days. This breakout may indicate a potential move to 93.82 within the next 14 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 312.3400 – read about what this could mean for the future.
The price of TSLA in heading back to the resistance area. It is possible that it will struggle…
A Channel Up has formed, GOOGL is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
The movement of GOOGL towards the resistance line of a Channel Up is yet another test of the…
If NFLX touches 1180.9000 it may be time to take action.
NFLX is heading towards a line of 1180.9000. If this movement continues, the price of NFLX could test…