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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