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.%
1.1060
-0.0002
0.0149%
1.3153
0.0016
0.1184%
Tadawul
8120.01
21.27
0.26%
16.578
0.006
0.034%
59.075
-0.035
0.059%
64.35
-0.07
0.11%
1459.335
-0.510
0.035%
 
 
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