Bought 10% GE @ $10.20 Stop @ $9.70 Target $12.90 GE reported solid earnings and outlook this morning. The chart had already given us a bullish 2B bottom, and today triggered a nice 9/20 cross as well. The 200-DMA should provide support on a pullback, and it also has the 50-DMA there as well. The reward-to-risk is very favorable to this on a medium-term outlook if this level can hold.
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