After 2 years of a solid down trend GE has finally shown some strength to form a breakout. I have began to open a long potion in GE at $13. 95. My price target in the sort run is $15. If a breakout continues I will be cautious to watch for a pull back to the old resistance, which will be the new support in the coming days/weeks. If the price action pulls back after the breakout to the new support and holds, I will be adding more to my position. Good luck to all and happy trading.
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