General Electric GE shares are trading higher by $0.25 at $31.30 in Thursday's session. Earlier in the session, it was lower by $0.26 when it bottomed at $30.79.
From that level, it went basically straight up to $31.49, before find major institutional sellers at $31.50. Since reaching the level, its has fallen back into the $31.30 area.
Its $0.70 range far exceeds its nine-day average trading range of $.50. In addition, the issue is on pace to high an above average volume on a overall light session for the overall market. With less than three hours remaining, it has traded 24M shares compared with it 5 day average of 25M.
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