General Electric Co

GE is in a high-confidence Stage 3 distribution, with price failing at declining 9 EMA and 21 EMA and trading below both. Medium-term bias has turned bearish amid emerging lower highs/lows and moderate transition risk toward Stage 4. Short-term conditions show rejection on rallies and no structural repair, favoring immediate selling into the 9/21 EMA zone.

• ↑Orders surged 87% YoY, led by CES and Defense growth
• ↑Backlog exceeds $210B, with $170B+ in services support
• ↓Trading at ~48x forward earnings limits upside potential