I recently highlighted GE (General Electric) as a swing trade setup a few weeks back with a sell signal to come on a break below this steep uptrend line/rising wedge pattern. The sell signal/short entry was & still is to come on a solid break below the uptrend line & although this setup has yet to trigger an entry, GE has continued higher enough to make the key 90ish former quad-top resistance, now support, the first price target. As such, I have re-sequenced the price targets to make that key 90ish support T1 with T2 – T4 shown at the arrow breaks on this update daily chart.
GE daily April 4th