General Electric (GE) Message Board

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Non-Tech : General Electric (GE)

GE 308.62

-0.1%

Nov 3 9:30 AM EST

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To: Bonefish who wrote (3175)	11/5/2019 10:12:56 AM
From: Fintas	of 3256

IT turned it's RSI to X's from O's and in my world that is far more significant. WHY? Often a stock can thrust but NOT turn it's RSI. Ya come in on that THRUST only to sit and watch it drop for it needs more time. Keep in mind PNF is about ACCUMULATION and DISTRIBUTION. Every now and then those O's can turn and it can be too early. However given other details I'm watching re GE, that says to me.. BOTTOM IS IN. Doesn't mean it can not drop a tad. DOES mean that the opportunity for who didn't grab it off the recent lows let alone the lows in the 6's. Sit back and enjoy the turn around. Fintas IMO

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