Trade Update: GE

I exited my GE position with a very, very small profit. My 55min chart started signaling a reversal so I just got out. The stock only went in my direction for one more candle then reversed. Looking at the indicators on the 55min chart, the stock will meet some resistance as it is headed into the top bollinger band backed by the 50period moving average.

Here are my results:

Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

2 0.18 36.00 0.24 48.00  10.00 2.00 5.6%

Here are my charts for this trade:

130220 GE

130222 GE


What do you think? Let me know in the comments!

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