General Electric collects profits - Analysis - 17-03-2021

General Electric's stock (GE) fell on profit-taking while gathering momentum to maintain the main upward trend in the medium and short terms, with positive support from the 50-day, coupled with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to return higher, targeting the resistance of 14.35, provided the support of 12.25 holds on. 

Expected trend for today: Bullish