TomProTrader

GE: Buy Set Up

Panjang
NYSE:GE   GE Aerospace
5
Traders,

This was a signal given to my private signals group 2 days ago. Moving very well and making nice profits on this trade. Well done.

Nice rounded bottom via bear correction after a bullish impulse leg. Looks good for more upside, probably in the form of a 3 wave cyclic move to the highs of the range. I especially like the candles of the last few days, that have been opening within the range of the other candles, showing a continued, yet healthy buy. The bullish engulfing
was not negated, consolidating my theory on this move.

Thank you for your support
Penafian

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