General Electric returns higher - Analysis - 25-05-2018

Economies.com
2018-05-25 13:05PM UTC

General Electric's stock (GE) returned higher in the intraday levels, scoring a profit of 2.96% in the last session, or 0.42 points, amid positive pressure from the 50-day SMA, while a positive pattern starts forming, the Inverse Head and Shoulders pattern. 

 

Therefore we expect more gains for the stock, provided it settles back above 15.05, targeting the resistance of 17.27. 

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