General Electric surrounded with positive pressures - Analysis - 29-03-2021

Economies.com
2021-03-29 11:55AM UTC

General Electric's stock (GE) rose 1.09% in the last session amid the dominance of the main upward trend in the short term, with support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the important resistance of 14.35, provided the support of 12.25 holds on.

 

Expected trend for today: Bullish 

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