TECH Buy 16.05.2024 12:35
General Electric Co.: Murrey analysis
Shares of General Electric Co., an American diversified corporation, after a correction in early April, resumed growth as part of a long-term upward trend: the price reversed from 137.50 (Murrey level [–2/8]), returned to Murrey’s main trading range and is now testing the pivot level of 162.50 (Murrey level [2/8]), supported by the middle line of Bollinger bands.
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Overall recommendation Sell
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Overall recommendation Wait