Buying General Electric

For the last couple of days I’ve had a limit order to buy General Electric (GE) at $35.00. It is on a downtrend right now, and it looks as if $35.00 will be approched within the next few days. After I buy (if it hits), I plan to hold GE for the next few years. I expect to buy at $35, and take a loss on the stock for a little while.

The downtrend appears it will continue for a few more days before leveling out and possibly going up. Let me know what you think!