General Electric dominated by upward correctional wave - Analysis - 24-04-2019

Economies.com
2019-04-24 15:03PM UTC

General Electric's stock fell in the intraday levels to gather momentum to help it rise anew, amid the dominance of the upward correctional wave in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect the stock to rise as long as the support of 9.10 holds on, targeting the pivotal resistance of 9.59. 

 

Expected trend for today: Bullish 

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