General Electric leans on upward trend line - Analysis - 22-07-2019

Economies.com
2019-07-22 14:32PM UTC

General Electric's stock leaned on the upward short-term trend line, while leaning on the support of the 50-day SMA, as the RSI reached oversold levels, as the stock gathers momentum to help it rise anew. 

 

Therefore we expect the stock to rise and target the resistance of 11.23, as long as the support of 9.80 holds on. 

 

Expected trend for today: Bullish 

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