RegoInvestments

GE Two Week Trends

Long
NYSE:GE   GE Aerospace
This chart shows the history of GE's stock prices over the last couple months. Recently, GE has began an uptrend after a bounce off of the VWAP curve. The VWAP curve has proven to be a strong line of support for GE historically. Over the course of the last couple weeks, GE is in an uptrend. However, GE is trading at $13.60 as of close on Friday, April 9th 2021. The chart shows that historically, there has been a strong line of support/resistance around this price (approximately $13.60). If this line of resistance holds, GE will likely see a bounce to the downside in the short term and the line of support for GE's current uptrend will be retested for a third time (around $13.40). If the uptrend holds, it is probable that there will be a run to the upside surpassing it's current price and potentially rising to about $13.90-$14.00 in the short term where it will reach another historical line of resistance/support.
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