Thursday, August 21, 2014

Another thing about GE...

I do think it is an expanding wedge which could be ready for a 5th wave break down.  It's now up against strong resistance.  If this breaks out then I am going to have to re-think a lot of things.  GE won't be plummeting by itself but if it breaks back above that very significant resistance line then I don't think the strength will be limited to GE.  Bottom line is that shorts better beware if this resistance does not hold.


No comments:

Twitter Delicious Facebook Digg Stumbleupon Favorites More