GE
FACEBOOK is the cheapest its been since inception target: $285From a top-down view of the economy, we are seeing an expansionary environment albeit at a slower pace. Using net income versus operating expenses Facebook is the cheapest its been since its inception back in 2012.
Near term headwinds are likely to prevail in tandem with the broader averages and a near term target of $144 is likely before we move higher into our $285 target to end the cycle.
GE - A fresh look - Trade the breakoutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
If you've been following me for more than a couple days, or if you're part of our little group of collaborators, you know that I've been following and aggressively trading GE since about the time it bottomed in late 2018.
GE got a boost after earnings on Jan 31 and we've basically been flagging a bit since then. Basically, people are taking profit and people are buying dips and as that happens, consolidation kicks in and we start to get to a break out phase... but where will we go?
Only time will tell, and I always say to trade the breakout. I did it on IOST the other day, made a profit, and got out. I plan to do about the same thing here. I've been holding a lot of GE for a while now and if it goes up, I'll continue to hold it. If it falls out from under here and happens to break the 100 hourly moving average which happens to be at $9.95 right now, I'll probably sell in order to buy cheaper... eventually. :)
If the 25/50 hourly crosses bearish (they're only about $.02 apart right now), that'll be another confirmation that the trend is down. Until then, I'll hold and plan to get out eventually when I see some good divergence on higher timeframes. Until then, I monitor this consolidation wedge.
I should also add a disclaimer that I hold some options for mid-April expiration for $10 calls. If this pops up, I will cover most of those calls.
Trade safely friends!
<3 -CE-
GE - Topping OutNot financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
GE has had a good run so far in 2019. I've made enough money in equity on GE that I am ready to move on. I'm going to leave about 20% of my equity in GE but I will be exiting this asset. There are others that I will start following but that doesn't mean I'm done analyzing this. I think there's a correction phase in the works here and we're finding some support well above the 200 hour MA and today above the 50 hour MA.
There's a wedge formation that is nearing the apex and there's likelihood that we'll break up. As you can see, we printed bearish divergence back in early February but that may have already played out when it for support at $9.50ish.
I have no doubt that you will see prices for GE over $11 this year. Indicators are still looking good which is why I'm keeping 20% in to monitor it.
Trade safely friends!
Good stop loss for GE would be around $9.50 otherwise I'll let it ride.
<3 -CE-
GE Showing More Strength?Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
GE has already blown through my two targets after the earnings call the other day. I sold off half of my position but am holding on the other half. Things are just looking too good right now and it doesn't really look like it's going to stop anytime soon. Trend, momentum, oscillators are all pointing up right now.
If we break out of this little wedge we're in, I see no reason why we can't go to $12 or $13. It's hard to believe since GE was sitting under $7 just 6 weeks ago. On track for a 100% gain by the end of Q1.
General Electric: really going up soon?Hi all, Tolyan online.
First of all, Happy New Year and Merry Christmas all.
During the New Year holidays there are often trend reversals, hope this year the rule will also apply.
Now I want to talk about General Electric. GE is pindoses who make locomotives :)
We can see that there is high possibility of the downtrend coming to the end, monthly MACD and RSI indicators are almost signalising a reversal. And RSI is extremely oversold.
Also, the price is too deviated off the Kertnel Channel, and that means the price will want to kiss it soon.
GE New CEO... new era!Most of you already know that I added this asset in my portfolio looking for $32 a share within 5 years. How do we get it? Basically a real growth of 0.1% this year and 1% the next one. About the EBITDA, I'm expecting a revenue of 14% this year, and it will be completely attainable hold 17% average the next years. So as you can see, this share is quite underweight but it means a real potential over 100% profit. My PV for this year is $18.73 a share (more than 50% profit from where it is today).
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Main Idea:
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Have a Nice Trading Week!
Cream Live Trading, Best Rega
Well, after all I would put some dollars in GEAfter all, I would put some dollars rolling in GE for the next 5 years.
Entry: coming days, I'd like around 13.
Target: 32.
SL: <11 - >10
Potential: >1.2%
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GE - A rebound for a crumbling companyNot financial advice. Do your own research. The ideas shared are the personal opinions of the BitDoctor team.
Oh GE, what are you going to do in 2019? 2018 was probably your worst performing year but while the stock market is crumbling, you seem to be bouncing pretty hard here. Don't get caught with all the green candles and percentage gains. Bear markets are still bear markets. There's heavy resistance coming right up!
Short term I see $8.75 as a key resistance point. Next, I will be looking at $10 as some key resistance.
If GE is able to push through $10, then I can see $13 and $15 in the future for GE. That is probably more long term, and assuming GE can hold the levels mentioned above, including the not-mentioned $8 barrier that was crossed today.
Disclaimer: I currently hold a position in GE but have no plans to make any changes to my position in the next 48 hours.
GE No Floor in SightTrade Timeframe - 12/10 - Jan 04
12/7 - POTENTIAL OPTIONS PLAY
GE 01/04 $6.00 PUT dip buy $0.06 ($0.15)
IV 71.58% Volume 99 Open Interest 202
Why?
Regarding the dip buy - There is opportunity to get this option at a discount due to mid-day movement and slight optimism as we saw nov 28 - dec 3, but then the option fell back into profit PUT levels. Idea is to "set it and forget it" for the dip buy. $6.45 is the next realistic floor. News also is negative in general.
MACD - Already crested north in the last several days, and is now on the verge to move south
EFI - Momentum has shifted dramatically, and its movement is turning south, showing pessimism
RSI - Although this is an oversold stock, there is nothing in the near future to hold up the RSI
EMA - There is nothing that shows a reversal, and resulting Volume is consistently in "Sell" mode
*Let's see what happens!*
*DISCLAIMER* - I am not a professional trader or stock broker. These are merely my thoughts typed out. If you need professional help with your trades, look elsewhere, not here. Good luck and happy trading.