General Electric has been trading below or around the $10 mark for almost exactly one year. New boss Culp is now in charge and the company is trying to make a come back. Investors have had to be patient, but the stock looks positive from a technical perspective. Based on the below chart, $11 seems to be a strong resistant point for the stock, and the last two trading days have seen two strong green candles barreling towards that resistance point. If the stock can break through and hold above $11 in the next few sessions, $12.50 is the next target - a nice 13.6% move. I'll be monitoring this one closely.
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