General Electric exposed to negative pressure - Analysis - 12-05-2021

General Electric's stock (GE) fell 1.95% in the last session, while being hurt by piercing the upside trend line, surpassing the support of the 50-day SMA, doubling negative pressure on the stock. 

Therefore we expect more losses for the stock, targeting the support of 12.25, provided the resistance of 13.53 holds on.

Expected trend for today: Bearish