13.01.2015 - General Electric shares continue to fall

The price of stocks of General Electric continued to decline and reached the lower limit of the corridor 24,00-27,10. At the moment, there is a possibility of a technical upward price rebound to the sloping resistance line or level of 25.00 and then quotations may reach the upper limit of the corridor. In case of breaking through and fixing the price below 24.00, we expect further downward movement with the objectives at 23.00 and 20.00. The medium-term outlook is negative.

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