GEHC: Approaching support with potential rebound toward 100

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GEHC recently began to pull back from 94.55 towards a support zone below 77, with the first major support around 75. If the stock holds above this level, it is highly likely to see a gradual rise toward the 100 and 120 target zones, potentially reaching these levels by June 2025. The stock has significant growth potential in the future if it manages to establish itself above the 100 mark.

GE HealthCare Technologies (GEHC) separated from General Electric (GE) and started operating as an independent company in early 2023. It specializes in developing healthcare technologies, with a focus on medical imaging, patient monitoring, and diagnostic tools.