General Electric has been bearish since the 2016 high around $33 a share. It has recently hit a low around $12.80. While the bearish trend is still intact, it does look like that market is trying to support GE, and we might see a period of recovery ahead.GE Daily Chart(click to enlarge)Inverted Head and Shoulders:- Looking at the daily chart, we can see that price action has been bearish, and price is still under the 100- and 200-day simple moving averages.- But we are seeing some possible bottoming price action. There could be an inverted head and shoulders pattern with a neckline around 15.25. - A break above 15.30 would establish a price bottom as well as push price above the 100-day SMA.- Meanwhile, the RSI would likely clear 60, which is a sign that the bearish momentum is gone.- SO, a break above 15.30 should open up the $17.30-$17.50 area, which is a support/resistance pivot.- Further confirmation of a price bottom would help with the bullish case. For example, a subsequent pullback that holds above $15.00 would confirm respect for the price bottom, and make the bullish case more likely.- A break below $14 on the other hand would be a sign that bears are still in control, and put the $10 mark back in the scope.