$GE IS READY FOR A BREAKOUT AND HAS A GOOD ENTRY-A classic continuation pattern, often followed by a breakout in the direction of the prevailing trend.
-Since the prior trend was upward, a bullish breakout is more likely.
-The MACD histogram shows increasing bars, indicating rising bullish momentum.
-A potential crossover from the negative to positive zone suggests an upcoming recovery.
-The price is holding above key moving averages (yellow and blue lines), showing strong buyer support.
-when we see a B/H above the 182$ level we could close the GAP at 195$, because at 182$ is a huge volume level we need first to break it
CALL: 21st Mar $180 7.55
ENTRY: 172$
TARGETS: 180$ -> 182$ -> 192$
SL: Daily close under 170$
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