29.9900
Change
-0.0100
Change %
0.0333%
Open
29.9900
Close
29.9900
High
29.9900
Low
29.9900
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.%
1.1775
0.0009
0.0748%
1.3219
0.0033
0.2495%
16.992
-0.056
0.329%
52.055
0.020
0.038%
57.85
0.10
0.17%
1276.650
-3.895
0.304%
 
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