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General Electric price tries to regain footing - Forecast today - 23-04-2024
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General Electric price tries to regain footing - Forecast today - 23-04-2024
Apr 23, 2024 8:18 AM

General Electric Companys stock price (GE) rose in the intraday levels, amid the dominance of the main upward trend in the medium term, while trading alongside the secondary short-term trend ine, with positive support from the 50-day SMA, while the stock managed to vent off oversold saturation in the RSI.

Therefore we expect more gains for the stock, targeting the pivotal resistance of $158.70, provided the support of $143.84 holds on.

Trend forecast: Bullish

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