Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
General Electric's stock leaned on the upward short-term trend line, while leaning on the support of the 50-day SMA, as the RSI reached oversold levels, as the stock gathers momentum to help it rise anew.
Therefore we expect the stock to rise and target the resistance of 11.23, as long as the support of 9.80 holds on.
Expected trend for today: Bullish