General Electric touches SMA resistance - Analysis - 14-07-2020

Economies.com
2020-07-14 13:00PM UTC

General Electric's stock rose 0.15% in the last session, touching the resistance of the 50-day SMA while trading alongside the main downward medium-term trend line, with negative signals from the RSI.

 

Therefore we expect the stock to return lower, targeting the support of 5.96. 

 

Expected trend for today: Bearish 

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