GE Ranging Long
GE has been ranging between $6 and $7 for a few months now. In late Sept. we have seen a nice consolidation right at the $6 support. This area seems to be very strong support for GE and provides a good opportunity to go long off it. Bullish price action and bullish divergence on the RSI. Realistically we will see a re-test of the $7 resistance soon.
This is only an idea, and not investment advice. You are responsible for your own trading/investing. Trade according to your own risk tolerance.
This is only an idea, and not investment advice. You are responsible for your own trading/investing. Trade according to your own risk tolerance.
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.