GE Aerospace

The Edison's Company (GE )wants to break $9! Will they achieve??

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Hi people! The General Electric Company is trying to break out the $9 insistently!!! After the worst crisis since 2009, GE found the mega support at $6.65 and failed to breakout above the $9 several times. Up to now we still don't have the propper signals to confirm that. We can see lot of blue candles (Elder impulse system) in the 8,8 to 9 area. This means the momentum of bulls decrease in this area so there are still lot of doubts to confirm a break out. I trust that GE finally will breakout and recover from this terrible crisis but WHEN??. Probably the best way to trade here would be to wait GE finally breakout the $9 and wait patiently to retest it as a support. Be aware! Be caution! another fail in the $9 could bring GE to the mega support again! Good luck!!

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