No excuse for staying in $GE

GMI5/6
GMI-26/8
T210845%

All my students are taught to be out of stocks that are in a Stage IV decline. GE has been below a declining 30 week average (solid red line) and in a Stage IV decline since last January. Check out this weekly chart.

 

2 thoughts on “No excuse for staying in $GE”

  1. A question about Stage Analysis. Should GE recover from its Stage 4 decline and move above its 30 week sma and pull the average back to an uptrend – would that be considered Stage 1 or just back to a Stage 3?

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