GE is going for a downfall. After a yearly long correction to the upside, the company stock is brutally resuming the impulsive movement to the downside. Not many charts talk clear like this. Expected targets in the $ 5 area and lower.
Please check our updates both on the higher and lower timeframes, and don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Remember that you can double check the bigger structures that are at play are on higher timeframes, also by scrolling around the charts in the lower timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential losses you might need to accept before finding a good trade.
Thank you for viewing.
Please check our updates both on the higher and lower timeframes, and don’t forget to follow us, if you feel that our analyses and views may be a useful complement to your trading strategies.
Remember that you can double check the bigger structures that are at play are on higher timeframes, also by scrolling around the charts in the lower timeframes (right and left, up and down).
Trade with care and only with a backtested strategy that has proven to work in relation to your invested capital, risk appetite and potential losses you might need to accept before finding a good trade.
Thank you for viewing.