GE is looking like a short after a big channel breakout today. I think the breakout is driven by GE's large investments in oil and gas, since oil prices collapsed today. GE is bearish below the downward-sloping trendline, but should find some support at 10.19.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.