I'm not saving this is the recovery of GE. If it is, I will miss it. I do not plan to personally buy any shares of GE long term. However, one could always swing trade this one. ;-)
If GE can close above the 50 ema today, she likely retests and then continues a smidge higher.
My buddy Charles W is in this trade as a day trade. 18.63 x 18.53 :-)
JN
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This is why we are pausing here... NICE retracement. .618 level on the BIG picture