The price action this week for GE was very interested.

The price action this week for GE was very interested. While we closed at $9.16 this trade is still risky and hence if we trade below $8.00 we will re-evaluate our bullish status..

The major risk this week is the forthcoming earnings for General Electric. I do not expect it to be great and hence will focus on the guidance given by management for 2019.
We have seen a few important changes from our trading systems.

While the Primary Trend is still bearish, our Secondary and  Short Term Trend  is now Bullish