General Electric [
GE] has been under pressure for a while now. Lack of innovation drove stock prices down over the course of several years, after the Tech bubble popped. Lately the company has shown interest in brand new technologies such as Blockchain, SmartHome Gadjets. Is this the kind of innovation the crowd was asking for?
Chartwise looks pretty decent. Firs time in a while it closes above 13EMA on Daily. RSI looks pretty bottomed out as well. It could be a very nice Risk/Reward sweet-spot to buy few shares.
GE] has been under pressure for a while now. Lack of innovation drove stock prices down over the course of several years, after the Tech bubble popped. Lately the company has shown interest in brand new technologies such as Blockchain, SmartHome Gadjets. Is this the kind of innovation the crowd was asking for?Chartwise looks pretty decent. Firs time in a while it closes above 13EMA on Daily. RSI looks pretty bottomed out as well. It could be a very nice Risk/Reward sweet-spot to buy few shares.
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