18.1700
Change
-0.1700
Change %
0.9269%
Open
18.3400
Close
18.7400
High
18.5100
Low
17.9600
General Electric chalks up more losses - Analysis - 12-10-2017
2017-10-12 12:22:00 GMT (Economies.com)
General Electric chalks up more losses - Analysis - 12-10-2017
 

General Electric's stock (GE) kept falling in the intraday levels, recording a new loss of 1.24% in the last session, or 0.29 points, with negative pressure from the 50-day SMA, coupled with the dominance of the downward correctional short-term wave, and negative signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of 22.59, which represents the ratio 76.4% of Fibonacci retracement levels for an ascending wave in the medium term (from 19.37 to 33.00). 

 
 
 
  Symbol Last Change Chg.%
1.2263
0.0062
0.5123%
1.3794
0.0065
0.4760%
17.205
-0.046
0.267%
63.825
-0.630
0.977%
69.25
-1.01
1.44%
1338.775
0.325
0.024%
 
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