GE Cools After Record Run, Technicals Show Support for Bulls
Schwab Network · Schwab Network
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Show Notes
Rick Ducat stacks GE Aerospace (GE) against peers in its industry, showing that it's the leader compared to names like Lockheed Martin (LMT) and RTX Corp. (RTX). The breakout faces challenges, however, as Rick points out a key resistance level that the stock needs to stay above to affirm Tuesday's rally. The bulls aren't relenting on GE's prospects. A look into options activity shows calls edging out the puts.
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