General Electric widens losses - Analysis - 26-02-2018

Economies.com
2018-02-26 13:57PM UTC

General Electric's stock (GE) kept falling in the intraday levels, recording a loss of 0.89% in the last session, or 0.13 points, amid negative pressure from the 50-day SMA, with the dominance of the main downward trend in the medium and short terms, coupled with negative signals from the RSI.

 

Therefore we expect more losses for the stock, targeting the support of 13.80, as long as the resistance of 15.92 holds on.

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