General Electric Co (GE) Up 1.4%; Pin Bar Pattern Appearing on Chart

General Electric Co Daily Price Recap

General Electric Co is up 1.4% ($0.09) since yesterday, marking a reversal from the day prior — and the end of a 3 day negative run. The price move occurred on volume that was up 8.23% from the day prior, but down 22.87% from the same day the week before. Here is a daily price chart of General Electric Co.

General Electric Co Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 10 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to GE: