$GE General Electric Company Stock Robo Analyst January 14 2020 #GE
General Electric Company (GE) “On a long-term technical basis, the stock (GE) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 11.84 and 10.90. If the stock breaks down through support at 11.84 then it will probably continue lower to 10.90. The stock will meet resistance at 12.25 and 13.32. If the stock breaks up through resistance at 12.25 then it will probably continue higher to 13.32. The 200-day moving average is at 9.97. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (77.13), so look for a possible pullback soon. Confirm this with the Short-Term and Daily Opinion to keep from exiting prematurely.”
