General Electric erases losses - Analysis - 15-11-2019

2019-11-15 01:27:08 GMT (Economies.com)
 

General Electric's stock hit a session low at 11.18 before bouncing higher and erasing losses, while venting off overbought saturation in the RSI with support from the 50-day SMA. 

 

Therefore we expect the stock to rise and target the pivotal resistance at 11.80. 

 

Expected trend : Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1237
-0.0040
0.3578%
1.2462
0.0154
1.2541%
Tadawul
7312.24
58.91
0.81%
18.045
0.267
1.499%
40.095
1.320
3.404%
42.60
-0.57
1.32%
1775.535
3.920
0.221%
 
 
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