11.8 fresh demand good level to add calls for scalp (risky) - More conservative entry near 11.55 level, as there's confluence with triangle breakout level.
Got some GE monthly calls a few days ago on the bounce off support line. Chart lined up with news of GE being a "stock to buy" in 2020. Got in at the support spot rather than waiting for momentum. Broke the 11.20 spot at the eod yesterday. We'll see how it holds up.
General Electric has reached a key daily and weekly resistance. It has already re-tested this resistance and I would like to use it as an opportunity. Now, if the price will have really weakness it should drop and filled a market gap at $9.70 which would be also our target. If there will be no strength in our resistance I will immediately cut this trade,...
GE daily chart shows weakness. I am expecting a pullback to $10.50. I can buy some puts for this. However there's no reversal signal yet. If I wait for a confirmation, the risk to reward will be less. I have decided to buy the risk. GE SHORT TRADE SETUP Entry: 11.39 Stop-Loss: 11.60 (0.21) Take-Profit: 10.56 (0.83) Risk to reward: 1:3.95 Winning probability:...
Shorting GE with shares (selling premium into GE is not my favorite strat). first target is the 8.25ish lows, looking a for a more extended move back to 7.80ish. Bear in mind that the ER is bound in 9 days, best way to manage this trade is to let it ride until the day before the report
Use the low of .15 ; use the high of .36 & project out from there and these critical levels present themselves acknowledge the strength of these gann levels manage your own risk gl hf xoxo snoop
Looks bullish based on every measure you can find. Volume is only ramping for breakouts, look for EoY selloff catalyst or ratings downgrade to go Sub $7.00
It's time to talk about the story of a decade! It is now clear, that General Electric has been cooking it's books for years now! Says Harry Markopolos, a legendary whislteblower, who runs a finical fraud detection company, famous with him exposing Bernie Madoff and his Wall Street firm Bernard L. Madoff Investment Securities LLC, a hedge fund that turned out to...
GE vulnerable to suffer from macro contraction, lots of lingering pension obligations, innovation R&D burn, shrinking moat
GE, America's sweetheart has been accused of fraud allegations before. This time though, it's by the same person who did it on the Madoff Scheme (Harry Markopolos) Markopolos’ main points of contention are: 1) GE’s insurance obligations are woefully under-reserved and it has been lying to the Kansas Insurance Department 2) GE shouldn’t have consolidated BHGE’s...
Priceline of GENERAL ELECTRIC CO (GE) Stocks has completed a bullish shark pattern and entered in potential reversal zone. From here price aciton will take bullish divergence soon insha Allah. I have defined targets using Fibonacci sequence as below: Buy between: 9.33 to 8.94 Sell between: 9.67 to 10.42 Regards, Atif Akbar (moon333)
I was looking at this trying to determine a downward trend for GE but based upon the RSI and MA I am more optimistic that there may be an upward tick coming. I would suggest watching this for the next few weeks as it test the support / resistance barriers. Earning were nothing special but RSI suggest there may be a slight undervaluation here.
pretty simple set up ill be looking for a break above 10.57 to go long, if the scenario ends up a bearish one ill look for a break of that pivot level to take us down to S1 or that red support for a 3rd test 9.50-9.60 area, would be a great spot to get bullish again if we test and hold that 9.50-9.60 area
Upside: - Ascending triangle forming over the past month - The bottom of the ascending triangle is closely in-line with the 20-day SMA, providing additional support - Inverse head and shoulders set-up forming since early February Downside: - Stock price has failed to break above $10.71-$10.72 on three separate days, potentially leading to a double-top set-up -...
GE weekly chart showing cup and handle formation with recent inverted head and shoulders on daily. Monthly view also shows possible double bottom (Dec 2018). Initial targets are 12.15 and 14.55.
General Electric (GE), Monthly chart: 10 years long(!) support zone + Pin bar inside of Morning Star candle patterns + Side of Bollinger bands (120,2) + Coming out of deep oversold on RSI(14)