General Electric Co. $GE has been in a bearish correction since summer of 2016, when it tagged 33. It has since retreated and has cracked below 24 in September. However, we noted that GE should find support around 24, and that is exactly what we are seeing. General Electric (GE) Daily Chart(click to enlarge)Price Bottom?- GE has been consolidating around 24 for over a month now, and we can see a price bottom forming.- It looks like an inverted head and shoulders pattern, and price just completed its 2nd shoulder. - Price appears to be heading to the neckline around 25.25. - A break above the neckline then opens up a bullish recovery scenario. In this scenario, the first resistance might be around 25.80-26, a support/resistance pivot area.