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.%
1.1908
-0.0221
1.8246%
1.3925
-0.0192
1.3615%
Tadawul
10853.12
-9.37
0.09%
25.848
-1.750
6.339%
70.913
-0.565
0.790%
73.06
-1.33
1.79%
1770.855
-78.715
4.256%
 
 
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