GE Aerospace – Daily ChartGE AerospaceBATS:GEisahebdadiMarket Structure After a strong bullish trend, the stock experienced a V-shaped correction and rebounded back toward a key resistance zone. Price remains above the rising moving average, confirming that the primary trend is still bullish, but the current area is critical. Short-Term Outlook •Primary scenario: The 316–318 zone is a major resistance. Price reaction here will define the next move. •Key support: 300–295 zone, aligned with the moving average •Bullish short-term targets (on breakout): •330 •340 •Short-term stop loss: Daily close below 295 •Bearish alternative: Rejection from resistance may lead to a pullback toward 285–280 Mid / Long-Term Outlook •Trend: Bullish structure remains intact •Price logic: Recent move resembles a healthy pullback within a broader uptrend •Long-term targets: •First target: 350 •Extended target: 370 – 380 •Long-term invalidation: Weekly close below 280 Fundamental Summary •Strong exposure to aerospace and defense contracts •Benefiting from global defense spending growth •Long-term order backlog supports revenue stability •Cyclical sensitivity, but solid structural growth outlook