GE is showing mediocre resistance at the 23% retracement. Eh, nothing special right? Up until you notice the RSI posing as a huge indicator for a long opportunity.
We haven't seen any levels like this in about 9 years, and over the course of 9 years, it showed a growth of approximately 279%. Now what does that mean? For one, it doesn't mean the investment is secure; that isn't until we get a confirmation within these next two weeks. The retracement is being used as a tool, within the retracement we can see a strong line of resistance at $22.86 (50% retracement), and $32.02 (100% retracement).
Essentially the major resistance areas would still mark an approximate 110% profit @ 50%, and 250% profit @ full retracement.
We haven't seen any levels like this in about 9 years, and over the course of 9 years, it showed a growth of approximately 279%. Now what does that mean? For one, it doesn't mean the investment is secure; that isn't until we get a confirmation within these next two weeks. The retracement is being used as a tool, within the retracement we can see a strong line of resistance at $22.86 (50% retracement), and $32.02 (100% retracement).
Essentially the major resistance areas would still mark an approximate 110% profit @ 50%, and 250% profit @ full retracement.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.