We are going to take a long position in GE at the market, $12.68

BUY AT THE MARKET current price $12.68, use a $11.95 sell stop.
General Electric (GE), could be coming off a test of a spring, and we like the risk/reward ratio at this level.  As you can see the Technometer is registering oversold so lets see if we can continue the rally.
This has been a very weak stock, but one that could have been under accumulation.  Buy at the market and use a sell stop above the low of the spring at $11.95.

Good Trading,
Todd Butterfield

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