Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 160.91

+19.5%

2:27 PM EST

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To: #Breeze who wrote (18515)	5/13/2024 1:43:49 PM
From: Kirk ©	Read Replies (1) of 26429

Here is GE adjusted for all sorts of stuff... After making an ATH with all dividends and spinoffs reinvested, it seems to be testing its 2000 ATH from above. To be honest, I've worn out my shoulder patting myself on the back for buying so much when lower using ROTH money after selling taxable buys, etc... and don't really have a clue what natural resistance is going forward... and the next support level is probably the 2016 high... but the market really likes this stock now. On the flip side, after such a massive parabolic rise from sub $40 to $170 with just a single, small decline visible on this LT chart... maybe the unadjusted chart's 200-dma at 131.65 is a good, conservative support point.

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