GE moving along as expected. Consolidating impulse leg that took out two prior peaks. Looking for next move to $13.63. I expect this stock to be a winner this year. Larry Culp doing his thing and turnaround is a process. Is it sexy? No. But if you're looking for conservative plays within this crazy momentum market this chart looks very traceable to the upside. Moving averages all look nice. RSI and MACD may move sideways a little longer but I do not expect this stock to give up much. Nice FIB support here on both the impulse leg and the breakdown area from Oct 2018. Be patient here.
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