General Electric Co

GE remains in a medium-term downtrend under Stage 4 Decline, with price trading below the 9- and 20-day EMAs and now testing the rising 200-day SMA amid deteriorating momentum and near-oversold RSI. With a bearish medium-term bias and neutral short-term timing, we defer additional short entries until rallies into the 9-/20-day EMA zone offer clean resistance for rejection setups.

• ↑Q2 revenue $9.3B (+24% YoY) and guidance upgraded.
• ↑Aerospace backlog of ~$170B underpins low-20% service growth.
• ↓Low book-to-price ratio and weak earnings yield signal high valuation.