GE - a close-up view on the coil (1hr chart). Depending on
where you draw that lower coil TL, price could be under it at this
time. I also added a shorter term TL in blue. Could be
a little fakeout probe below the TL before moving higher.
Seems to be a common occurrence these days. But
something to keep an eye on. A stop at $12.91 or $12.79
depending on risk tolerance.
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GE - a close-up view
GE
Posted by rjdst on 12th of May 2021 at 10:36 am
GE - a close-up view on the coil (1hr chart). Depending on where you draw that lower coil TL, price could be under it at this time. I also added a shorter term TL in blue. Could be a little fakeout probe below the TL before moving higher. Seems to be a common occurrence these days. But something to keep an eye on. A stop at $12.91 or $12.79 depending on risk tolerance.