The price action this week for GE was very interested. While we closed at $9.16 this trade is still risky and hence if we trade below $8.00 we will re-evaluate our bullish status..
The major risk this week is the forthcoming earnings for General Electric. I do not expect it to be great and hence will focus on the guidance given by management for 2019.
We have seen a few important changes from our trading systems.
While the Primary Trend is still bearish, our Secondary and Short Term Trend is now Bullish
The major risk this week is the forthcoming earnings for General Electric. I do not expect it to be great and hence will focus on the guidance given by management for 2019.
We have seen a few important changes from our trading systems.
While the Primary Trend is still bearish, our Secondary and Short Term Trend is now Bullish
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