Reminder: GE Vernova Stock Seems Determined To Trade Down To The Bottom Of A Major Gap (GEV)

Anthropomorphizing an inanimate construct represented by pixels on a screen and electrons in a ledger. 

But still, like Soylent Green, markets are people...

As noted August 18:

Chartology: GE Vernova Traded Down To The Top Of A Major Gap (GEV)

Still no news to accompany the drop from the all-time-high so we shift to explanatory technical analysis (take that Vox, with your explanatory journalism) 

Almost to the gap, the stock came up short by 19 cents, not good enough and it potentially gets worse.

The problem is: It could trade down to the bottom of the gap. And it's a big gap. Six month chart from TradingView:....

 Here is the updated chart:

 

 

 

 

 

The stock is currently up 21 cents after being up over six dollars earlier today. $579.89 last.

The bottom of the gap is at $548.16.