$GE - Rectangle breakout watch. Good $115 - Best $135 - Bad $95
GE is trading inside a rectangle. The rectangle or side way channel can resolve upward or downward. Break above $115 is bullish. Break below $95 is bearish. Breakout point - $115 Mid way resistance - $107 Good Case - $115 Best case - $135 Bad case - $95 ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.