Ever since GE hit the all time high of around 60 USD back in Sept 2000 and got sold off subsequently, not able to stage a comeback of any sort..
Fundamentally: GE has ventured into many non-profitable business which is reflected in the stock price
the stock price has been in a SOLID downtrend channel line
If this channel holds true until its next bottom which is around 10-12 USD...
it faces the potential danger of being replaced by another better performing stock as DOW 30 constituents list
Fundamentally: GE has ventured into many non-profitable business which is reflected in the stock price
the stock price has been in a SOLID downtrend channel line
If this channel holds true until its next bottom which is around 10-12 USD...
it faces the potential danger of being replaced by another better performing stock as DOW 30 constituents list