GE Aerospace
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GE breakout of descending triangle or rebound from double bottom

Atualizado
Although the descending triangle is technically a bearish pattern, the price movement seen here can also be considered a double-bottom. In that case, the price should rise upward and possibly create a channel.
RSI and MACD are not giving any clear signals.

Recent analysts' recommendations all say that GE is a buy at this point.

Overall, I would say that this idea has a 50-50 chance of working. However, the risk to reward ratio is ~4.5 and possible gains of 24% which is pretty good. I'm gonna enter in long and see how it goes
Comentário
So far it looks like it's going up. I'm hoping for it to hit $8
Trade fechado: stop atingido
Got stopped out for a loss of 5%
analystforecastsChart PatternsDescending TriangleDouble BottomFundamental AnalysisTrend Analysis

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