(See "U.S. Stock Market Signals 'That's All, Folks!' John TobeyJohn TobeyJohn TobeyNow to GE’s foundationLooking at GE's intraday graph reveals a number of up and down moves. John TobeySo, the $~16 level looks like the next upside barrier once GE breaks out of its foundation. The “on balance volume” line in the intraday graph shows an upward trend indicating accumulation. Could the stock fall below its newly created foundation level?
Source: Forbes March 08, 2018 17:26 UTC