Today I will be covering GE. As you can see there is strong dpo and MACD bullish divergence. This is a good sign for a start of an uptrend. In addition it seems to have finished the C wave having a strong bounce today. In addition both indicators look like they are forming a nice triangle pattern and they seems ready to explode out of it. This explosion will bring a nice uptrend and leave GE at 18.31. The only thing that may stop GE forming finally gaining some momentum is a big stock market correction which is very possible.
Today I will be covering GE. As you can see there is strong dpo and MACD bullish divergence. This is a good sign for a start of an uptrend. In addition it seems to have finished the C wave having a strong bounce today. In addition both indicators look like they are forming a nice triangle pattern and they seems ready to explode out of it. This explosion will bring a nice uptrend and leave GE at 18.31. The only thing that may stop GE forming finally gaining some momentum is a big stock market correction which is very possible.