After a V shape recovery from the low 6.40s GE has been consolidating in s Symmetrical wedge that has now broken to the upside and its now retesting its previous resistance. After buying at $10.04 with the retest i took a look at the bigger picture and noticed GE has also formed a bump and run formation and broken the down trend line. If we stay above 10.04 our first major resistance is at around 13.68 for a potential 35% trade.
Good luck and safe trading motherpluckers!
Good luck and safe trading motherpluckers!