$GE

Screen Shot 2017-05-16 at 11.48.15 am

$GE is back to the bottom of its multi-year bull support from 2009. Trend traders may see this as a buy signal as it is one of $INDU’s biggest components. It next reports earnings on 21 July 2017, so this could be an opportune time to trade into its earnings, considering that is soon after the next Fed rate decision which is likely a hike. $GE is quite sensitive to interest rate movements so a certain amount could be priced in already.

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