13.6400
Change
-0.2000
Change %
1.4451%
Open
13.6400
Close
13.6400
High
13.6400
Low
13.6400
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.%
1.1661
-0.0032
0.2707%
1.3110
-0.0122
0.9183%
15.571
-0.243
1.540%
67.605
-2.958
4.191%
71.96
0.12
0.17%
1227.700
-13.410
1.081%
 
 
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