General Electric readies to pierce current support - Analysis - 16-09-2020

General Electric's stock fell 0.81% in the last session amid negative pressure from the 50-day SMA, while trading alongside the downward short-term trend line, while venting off oversold saturation from the RSI. 

Therefore we expect more losses for the stock, targeting the pivotal support of 5.48, provided the support of 5.98 was breached. 

Expected trend for today: Bearish