GE is fighting with the longterm uptrend. Can GE form a new "3" ? If the Price will not drop below the last Low @ 29, a further upmove with TP @ 33$ can be exspected. This Szenario will only be active, if GE could overcome the midterm downtrend (with Prices higher than 30,75 (last red "3")) If the Price will drop below the last low (red "2"), a test of the former low @ 27,5 (green "3") can be exspected.
You just know Elliott wave-countings? Never heared of 1-2-3 counting? Then please have a look at
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