A clean Rising Wedge often precedes a big move. Validate your entry.
Reversal pattern. Price likely to break downwards.
Bullish continuation if preceding move was up.
Traders are watching GE Aerospace (GE) as price action tightens. Currently at $350.63, the asset is showing downward momentum (-3.56%). The primary technical feature is a Bullish Flag formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $366.77, targeting $470.2 with support near $338.6 (R:R 3.67).
What is your outlook on GE?