GE (General Electric) - Breakdown Likely!

Written by MrStockFox. Posted in Trade Ideas

I have been slowly adding to my position in GE over the last year, but recently it looks as though the General could breakdown from its current trading range.  I have been using the dips around 24 to build up about 1/3 of my overall position.  Should GE breakdown below 23.50, the next target would be just below 22.  I think if the market should start to correct further, then this target would be very likely outcome.  

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