Traders Expect Upside in GE (GE), Buy While Shares are Down
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General Electric (NYSE: GE) shares are lower on the session, but some are taking the move as a buying opportunity.
Market data has money flow positive $67.65 million Thursday morning, with an uptick-to-downtick ratio at 3.51 times. The number indicates more buyers when GE ticks higher versus those moving in on a low move.
It was earlier reported that a large 2 million block crossed at $21.28. Click here for more color.
Shares of GE are down 0.5 percent on the session.
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Market data has money flow positive $67.65 million Thursday morning, with an uptick-to-downtick ratio at 3.51 times. The number indicates more buyers when GE ticks higher versus those moving in on a low move.
It was earlier reported that a large 2 million block crossed at $21.28. Click here for more color.
Shares of GE are down 0.5 percent on the session.
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*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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