Space for General Electric decline

12 May 2022 396
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Shares of General Electric keep sliding down. The movement within the falling trend is accompanied by the closing of the gaps left over from the time of rapid growth in late 2020 - early 2021.

 

Last week, the gap was closed at the level of 74, after that the rebound upwards attempt was made. However, the growth quickly faded away, and now the price has gone under the level of 74. The next downside target is another gap at the level of 65, where buyers could rebound again.

This content is for informational purposes only and is not intended to be investing advice.

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