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 breached the upward correctional trend line with negative pressure from the 50-day SMA, while venting off oversold saturation in the RSI.
Therefore we expect the stock to return lower, as long as the resistance of 9.97 holds on, targeting the support of 8.92.
Expected trend for today: Bearish