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GE Aerospace
Long

$GE | Down But Not Out | Great Buy Coming Up

By GWaves
Updated
General Electric is fast approaching a major support level defined by my model and supported by historical levels. This will be a great long term buying opportunity.
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GE coming into smaller time frame support zone. Model still suggests 8.62-6.13 as major support. Updates to come as this progresses.

snapshot
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snapshot

Reaction off of Smaller Time Frame Support. Still no signal for reversal. Watching closely.
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Original forecast still in force.
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Major Support has been hit. My model has defined this zone as a High Probability Reversal Area. Buys should start coming in defined zone.
GEgeneralelectricHarmonic PatternsnyseS&P 500 (SPX500)StocksWave Analysis

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