General Electric: really going up soon?Hi all, Tolyan online.
First of all, Happy New Year and Merry Christmas all.
During the New Year holidays there are often trend reversals, hope this year the rule will also apply.
Now I want to talk about General Electric. GE is pindoses who make locomotives :)
We can see that there is high possibility of the downtrend coming to the end, monthly MACD and RSI indicators are almost signalising a reversal. And RSI is extremely oversold.
Also, the price is too deviated off the Kertnel Channel, and that means the price will want to kiss it soon.
