General Electric widens gains - Analysis - 13-01-2021

Economies.com
2021-01-13 10:07AM UTC

General Electric's stock (GE) rose 2.88% in the last session amid the dominance of the upward medium-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 13.00. 

 

Expected trend for today: Bullish

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