- GE Week is approaching its trend line.
- Daily chart shows support at 18.6 level which coincides with the Fib retrace level of 38.2% level shown in weekly chart.
- So if the above mentioned level is held then stock may move towards the resistance line drawn in last chart.
- If 18.6 levels is broken then price will move towards its 50 week moving average and the trend lien which may act as support.
- FORD MOTOR CO TREND LINE BREAK
- BEARISH ENGULFING OF IWM
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