buy under $9 bucks... the low to hi fib retrace from 2002 to 2007 has the 1.618 retrace line at $8.50 bottoming out in March of 2009
What company is the only one that was in the DJIA 100 years ago and still often ends up in? Better, what company was in the DJIA back in 1896 and the only one that is still in the USA, did not get bought by another company, did not die, did not become smaller...? They have survived that long, and grew. In 2000 the company was worth 600 billion (900 billion...
According to market analysis along with historical knowledge of market behavior as it responds to the final stages of bull rallies, GE appears to be setting up for its next bull rally. Currently it is at what appears to be near the market bottom, therefore upside potential greatly outweighs the risk of downside volatility . * As always, this is for educational...
GE has broken the last 5 waves pattern and it's now retesting the breakout level. Look to the price action for a potential wave up. A strong breakdown under the E point invalidates this setup.
Hello Traders, I think this stock just Finish ending Diagonal wave, and maybe we will see an up trend next weeks Thanks
GE Long since 12,50 lets see if Bulls have strong legs or not...
General Electric need to see more than words Mister CEO... downtrend still leading atm...
Nearly two years of decline can be completed. In the exchange rate, it is possible to identify a so-called 2 and a half wave sequence that follows the exchange rate steadily during its two-year course. Therefore, there is no reason to deviate from this. This means that the wave structures in motion (regardless of the direction) consist of 2 whole and half wave...
General Electric (GE) dropped 4.0% for a fourth straight day of high volume selling. At $11.27/share GE sits at a stomach-churning 9-year low. GE’s early June expulsion from the Dow Jones Industrial Index seemed like such natural ignition for a bottom that even CNBC’s Jim Cramer got off the fence to declare the stock a buy. At the time I proposed a lower risk...
General Electric is fast approaching a major support level defined by my model and supported by historical levels. This will be a great long term buying opportunity.
After GE divested many parts of it's conglomerate, it seems like they have been preparing for this sell off. You be the judge.
This is a quick summary of this GE idea, but GE started its strong downtrend on May '17 and it started to slow down in May '18. That's 1 year with a ~52% loss, in other words a very strong downtrend or crash. It was a discussion I was having with a fellow member and I decided to share it as an idea rather than keep it to myself just because of how interesting the...
GE Buy Idea @Monthly Demand Zone (11.38 - 5.80) Buy Limit: 11.48 Stop Loss:5.31 Take Profit: 20.15 Risk Management = 0.01/$100 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80% of the profit
Looks like general electric is bottoming. It's visiting a level that has been reactive in the past, the monthly RSI is at it's ath on the monthly (very slightly higher) If that support gets reached with bullish divergence again (daily & weekly chart too), I think it won't be a bad idea to go long. I am prepared. It could also spike too fast and/or during...
GE has been in a downtrend path for all the 2017 and 2018, most of the time even under the moving average 50 days (blue line), and the price just once tested the 100 days trend line (orange moving average). Today, the stock is closing almost with a +8%, after the company announced his plans to spin off its health-care business and sell its participation in the...
Here comes the second long. This is a more risky trade because there is still room for GE to move down. You may have heard that it was dropped from the Dow, recently. It is my assumption that GE is ready to move up because it has done so recently despite all the bad news, including moving up on negative earnings. Entry: 13.05 TP1: 19.25 SL: 12.5 This is a 11:1...