TraderMentality

GE weekly playing off Fibonacci levels for support/resistance

Short
NYSE:GE   GE Aerospace
The $GE weekly appears as a channel up coming into a rising wedge coupled with neg divergences in RSI and Chaikin Money Flow.

I've highlighted notable points of support and resistance within the channel, as relative to the 200 MA and Fibonacci levels. Expecting a move back to the 61.8, and potentially the 200 MA/lower channel extreme.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.