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

Economies.com
2019-11-15 01:27AM UTC

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 

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