We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
Industrials remain one of the stronger corners of the market, as areas in tech and financials take massive hits.
Here’s today’s standout:
General Electric $GE is currently exhibiting a Long-Term Squeeze Score of 95.20.
Here's what the chart looks like:
GE Aerospace, formerly General Electric, has delivered an epic five-year trend reversal. It went from a multi-cycle laggard to one of the market’s strongest stocks for the first time in decades.
Along the way, volatility has compressed several times, and each squeeze ultimately resolved higher.
Now price is coiled in a tight range as the stock digests gains above its 2000 highs. Weekly Strazza Indicator volatility is setting up in a familiar way, echoing the three prior squeezes that preceded major upside resolutions.
The best uptrends tend to correct through time, not price. These sideways coils are a feature of strength, not a flaw.
