General Electric In Limbo Until Investors Know Future Of Dividend
Shares of General Electric (GE) traded as high as $23.85 pre-market on Friday. Staying shy of my monthly pivot of $23.97 provided a warning. The pre-market low was $21.47. I show a projected value level of $20.97 for November, which will be in play on Nov. 13 when the dividend should be known.
Here's my story from Thursday, General Electric Is Too Cheap to Ignore Pre-Earnings