• General Electric broke resistance level 10.80
• Likely to rise to 12.00
General Electric continues to rise after the price broke the resistance level 10.80 (which stopped the previous sharp upward impulse wave (i) at the end of November).
The breakout of the resistance level 10.80 continues the active impulse wave 5 – which belongs to the sharp extended upward impulse sequence (C) from the start of September.
General Electric is expected to rise further toward the next resistance level 12.00 (target price for the completion of the active impulse sequence (C)).
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies