GE a new horizon?

Updated
GE just broke out of it's consolidation area ( 5.96 -7.16), looks like it's heading for a minimum target of 8.40$. This chart pattern is the result of a newly announced deal between PIMCO and GE to create a leasing investment platform.
Note
Stop Loss 10% of entry price
Trade active
moving stop loss to 8.40
Trade closed: target reached
Chart PatternsFundamental Analysis

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