General Electric ends cautiously higher - Analysis - 13-03-2018

General Electric's stock (GE) rose in the intraday levels, scoring a profit of 1.07% in the last session, or 0.16 points, as the stock tries to regain some recent losses, amid negative pressure from the 50-day SMA, with the dominance of the main downward trend in the medium and short terms as shown in the attached chart. 

Therefore we expect the stock to return lower, as long as the resistance of 15.92 holds on, targeting the support of 14.02 anew.