General Electric Sharply Higher

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General Electric CompanyGE
shares are trading higher by $0.44 at $30.56 in Wednesday's session. It is trading higher for the third day in a row and for the fourth time in the last time five trading sessions. Over that course of time, it has rallied from its November 4 close ($29.54) to well over $30. In today's session, it bottomed off the opening print at $30.20 and began to chug higher. It has improved on its former seven-year high made yesterday at $30.28 by a wide margin and is currently still making new highs for the session.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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