General Electric readies to tackle pivotal resistance - Analysis - 17-02-2021

General Electric's stock (GE) rallied 2.05% in the last session while readying to tackle the pivotal resistance of 12.25, amid the dominance of the main upward trend in the medium and short terms, with support  from the 50-day SMA, coupled with positive signals from the RSI. 

Therefore we expect more gains for the stock, targeting the resistance of 13.15, provided the resistance of 12.25 was breached. 

Expected trend for today: Bullish