Our Algo Engine has triggered a sell signal in Goldman Sachs.
We maintain a negative outlook and advise running a stop-loss should the price action trade above the signal high of $235.
Following the Algo Engine short signal in General Electric, the price action continues to carve-out lower levels.
Should we see GE trade down to $22, we would consider this price target as an oversold and providing a suitable entry point for new long exposure.