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After testing the support line numerous times, General Electric Co. is once again approaching this line. Can we expect a bearish trend to follow?

The movement of General Electric Co. towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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SPX500 is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 20 days.

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LTCCAD moves lower to 129.92 in the last 8 days.

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