Nancy Tengler in

GE needs to clear this level for the turnaround to be real, chart suggests

General Electric has powered up this year.
The onetime market dud has soared more than 40% in 2019, on pace for its first positive year in three and tracking for its best annual gain in two decades. It had spent the previous two years in free fall with investors unconvinced its turnaround efforts were gaining traction.
It still needs to clear another hurdle as it heads into its earnings report Wednesday, according to one technician.
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