General Electric climbs amid negative pressure - Analysis - 19-10-2018

General Electric's stock scored a profit of 1.56% in the last session, or 0.19 points, amid negative pressure from the 50-day SMA, with negative signals from the RSI, and amid the dominance of the main downward trend in the medium and short terms. 

Therefore we expect the stock to return lower, targeting the support of 11.22, as long as the resistance of 12.82 holds on. 

Expected trend for today: Likely Bearish