GE Aerospace (GE)
Classic breakout from consolidatory closing pennant formation atop a rally.
Target Price: $193
Pivot: $161 (50-day SMA)
Add: Below 4170 down to pivot.
Panic: Loss of 50-day SMA or 8% loss
Positions: Long GE equity.
Target Price: $193
Pivot: $161 (50-day SMA)
Add: Below 4170 down to pivot.
Panic: Loss of 50-day SMA or 8% loss
Positions: Long GE equity.
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