LEGRAND SA UNSPON ADR EACH REPR 0.20 ORD Stock Forum

$General Electric(GE.US)$General Electric formed a Head and Shoulders pattern starting on June 17, 2021, and ended on July 15, 2021. This pattern was soon followed by a breakdown. Since then, the stock has been operating in a horizontal channel with resistance at $107 and $98. Look to enter the market around the lower resistance mark. We’d also like to highlight the month of March. There was a lot of positive news during March which explains the increase in GE share price.
Bullish Case
- Green Movement/Carbon Neutrality (Aviation/Energy industries)
- CEO Larry Culp driving down debt and liabilities
- Lack of substitutes in the market
Bearish Case
- Digital Transformation Failure
- Stiff Competition (Siemens and 3M)
- Healthcare Industry Regulation
- Lack of infrastructure in Energy Industry
$Boeing(BA.US)$$UNITED TECHNOLOGIES CORP(UTX*.US)$$LEGRAND SA UNSPON ADR EACH REPR 0.20 ORD(LGRDY.US)$