General Electric Rally Finds Resistance In Familiar Area
General Electric CompanyGE 1.11% shares are trading higher by $0.41 at $31.01 in Monday's session. It's trading higher for the fourth time in its last five sessions. The one outlier was Friday's session, when it shed only $0.04. Over that course time, it rallied from its June 13 close ($29.83) to $31.32 earlier in today's session.
That high coincides with a series of four highs the issue made in mid-April from $31.18-$31.35 area.