General Electric breaches current support - Analysis - 21-03-2018

Economies.com
2018-03-21 14:46PM UTC

General Electric's stock (GE) kept falling in the intraday levels, recording a new loss of 3.06% in the last session, or 0.43 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, with the dominance of the main downward trend in the medium and short terms. 

 

Therefore we expect more losses for the stock, as long as it settles below 14.02, targeting the support of 12.09. 

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