The change in price came along side change in volume that was down 3.84% from previous day, but up 104.21% from the sunday of last week.
This is a reversal of the price action on the previous hour, in which price moved up.
This is a reversal of the price action on the previous hour, in which price moved down.
Future leader can go $20 to $50 by year end projection.
Or to view things another way, note that out of the past 10 days general electric co’s price has gone up 5 them.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
The change in price came along side change in volume that was up 11.33% from previous day, but down 2.43% from the thursday of last week.
Regardless of right or wrong, it is the balancing act of giving and returning energy without judgement.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
This company will probably be bought out by a big industrial company like $ge or even $amzn or $aapl.