$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
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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.
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.