General Electric (GE) stocks have been trading in a range since February, between roughly 29.25 and 30.50. General Electric (GE) Daily Chart(click to enlarge)Range with Bearish Bias:- As we can see on the daily chart, we can see the price ranging between 29.25 and 30.50. - Price was sliding from just above 32.00 before being stuck in this range.- This is the first factor of bearish bias.- Secondly, price has been stuck under the 100- and 200-day simple moving averages (SMAs)- Furthermore, the RSI has held under 60 after pushing below 30.- Lastly, the sharp retreat from 30.50 at the end of last week, involved a strong bearish engulfing candle. - These are reasons I believe in GE has some more downside risk in the short to medium-term. Long-term Uptrend:- While the short to medium-term outlook has a bearish bias, the long-term mode is still bullish as shown on the weekly chart.- Price has rallied from a low around 6.00 in 2009 to a high of 33 in 2016. - Because of the long-term uptrend, we might want to anticipate support as the current bearish bias plays out.- For example, the 27-28 area should be monitored for support. This area involves many previous support/resistance pivots as well as the 200-week SMA, which is around 27.60 right now. General Electric (GE) Weekly Chart(click to enlarge)