General Electric (GE) stock price has been trading sideways since 2016. Before that, it was bullish. The question is whether price is consolidating as a price top, or whether bulls are still in charge. From the price action in June, we should anticipate a break of the consolidation support, which would open up further downside.GE Daily Chart(click to enlarge)Bearish Signals:- In May, price respected the support at 27.57.- However, as price got up to about 29.25, it found resistance. The sell-off from here is important.- The resistance showed that price is still respecting the 200- and 100-day simple moving averages (SMAs) as resistance.- It also showed respect to a previous multi-month consolidation support. - Furthermore, the RSI held at 60 and turned down, reflecting maintenance of the bearish momentum.- These bearish signs make it difficult to rely on the support at 25.57.Next Support:- Looking at the weekly chart, we can see that if price does break below 27.57, the next support could be around 24.75-25, which represents a common support from the 2014-2015 consolidation.GE Weekly Chart(click to enlarge)