GEAfter putting in a pretty clear topping pattern, GE price action is working it's way through a descending triangle.
With rates rising, I am expecting price to fall out of the triangle and run down the pitchfork to the 0.5 to 0.618 Fib level.
Price target = $70 - $77 range.
Note
Yep.
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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.