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GE - 14% Potential Gain - Descending Triangle

Short
GE Aerospace (NYSE:GE)  
maschera Updated   
NYSE:GE   GE Aerospace
Chart Patterns Trend Analysis Descending Triangle shortsetup swingtrading swingsetup swingtrade generalelectric
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0
chartpattern trendanalysis descendingtriangle shortsetup swingtrading swingsetup swingtrade generalelectric
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GE is about to break through support in a well-formed descending triangle.

Once current support is reconfirmed as new resistance, place a Limit Sell Order at $6.45.

Potential for a 14% gain if new support it established at $5.50.
Trade closed manually:
5.81% profit
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