The GE (General Electric Inc) Swing Trade + Growth & Income Trade hit the first target yesterday for a 13.4% gain & has gapped up close to T2 today, increasing the odds that T2 will be hit soon unless the broad market moves sharply lower in the coming days, which looks increasing likely based on the recent trendline breaks on the major stock indexes. Previous & updated daily charts:
I’m considering revising the final target for the swing trade to T2 & possible leaving the final target for the Growth & Income Trade as T3 but will post another update if I decide to do so. As of now, GE remains an active trade.