Last time we looked at General Electric $GE, we noted that it broke a key support and therefore opened up a bearish outlook. We noted that the breakout opened up the 19-20 area, and the market wasted selling GE down to this area. GE Daily Chart(click to enlarge)Key Support:- The weekly chart shows that price has been falling like a knife recently. - This 19-20 area does represent a key support pivot. - We should monitor to see if there is a reaction here. - I think there is a chance for price to bounce up from here, but it is too early to call with such sharp bearish price action.- If price does stall here around 20, then it might be worth considering a possible bounce back towards 23.50-24. - It is quite possible that because of the bearish momentum, price will overshoot this support, so give it some elbow space to let's say 18. - GE's bull run is over. Now, we are just wondering where the consolidation low will be. - If price falls below 18, 14 will be the next critical support.