It’s been a feast for bears operating on an hourly timeframe, as ge has now gone down 4 of the past 5 hours.
This move happened on lower volume, as yesterday’s volume was down 6.09% from the day before — and down 42.14% from the same day the week before.
Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
You think with that kind of money flowing into ge they are going to lose on their investment.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
As for how volume fared, yesterday’s volume was up 28.35% from the previous day (wednesday), and up 25.76% from thursday of the week before.
Any correlation to the energy draw required to charge all those $tsla?
This move happened on lower volume, as yesterday’s volume was down 24.95% from the day before — and down 42.7% from the same day the week before.
The change in price came along side change in volume that was down 23.03% from previous day, but up 26.27% from the monday of last week.
In negotiations with the us and canadian govts and big pharma players for antibodies supply deals.