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GE

GE General Electric Speculative Buyondip with Stops below 12.50GE General Electric Not Dead Yet It's been a long time since the last update on GE - it's not been warranted either by the look of it. It's still unloved and untrusted. Depending on profile, this looks like one to accumulate at the these levels. After spending months in a relentless down-trend that began with the break below 30 (several months before any bad news hit the St) and which looks to be drawing, slowly, to an end, this looks like one to accumulate at the these levels and on dips back to 12.60. Downside is showing a loss of momentum and it's now moving away from the heavy parallel which has killed all rally attempts in the past few months.It's now using it as support on this current move lower. It may be unloved still, but this old girl still has a certain beauty. Look to buy around current levels down to 12.60 with stops below 12.60 by 10 pips or so. First target at 17.35, then 19.35. It will require a degree of patience, though ; )
NYSE:GELong
by sumastardon
GE - Ready to star an uptrend?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 oil-services company Baker Hughes. Maybe is too early to say the downtrend is finished, and the company still faces some risks in the short term, as some expected downgrades in his credit rating, and his recent reality after it was removed from the Dow Jones. From the technical analysis view, there are some key elements: A) possible double bottom formation, around the $12.75 area, and B) a possible MACD bullish cross in the daily graph (left). Before to go long, I will wait for some confirmation signals for the next days, such as: 1) keep price action over today GAP ($13.5); 2) price action over the moving average 8 days (green line); 3) golden cross between 20 and 50 days moving average; and lastly, but not least important 4) stay above the long-term trend, the 200 days moving average!
NYSE:GE
by david_ceballos
GE General Electric Company. Don't be scared!Keep it simple. So this one is fun to chart. I've found a 20 year wedge that has fallen back into play. You can see we broke back into the wedge after a 4 year false breakout.. that's rough. I'm seeing a ton of buy signals on the MONTHLY, but momentum is still bearish, peaking out though soon to be bullish. Ichimoku is still in the bearish zone, turning though. Another note is on the WEEKLY, we have a 4 week squeeze, which has never happened, well, back in 1994 before it went from 7 to its ATH high... I can see it reaching the bottom of the 20 year wedge, well 24 year wedge, because why not? Its done all that work to selloff to stop right above where it NEEDS to go? I've placed my buy zones, and this could be an amazing grab considering the beauty of DIVIDENDS. BE PATIENT, you have already waited 24 years, don't mess up the last year of decent! Happy Trading, Debating and speculating! I want everyone to win!
NYSE:GEShort
by ToddGreen
GE: Bottom's in!$GE was kicked out of the DJIA, this is a massively bullish contrarian signal. It is very clear we have seen the bottom here. With the new CEO shaking things up already, the only problem in sight is the mountains of debt the company has. Definitely worth a punt, given the huge reward to risk ratio here. You may try a tight stop, with small risk in the trade if brave, playing with out of the money call options, or some other variant of trade to gain long exposure here for the long term and as a swing trade. Best of luck! Ivan Labrie.
NYSE:GELong
by IvanLabrie
19
THE WEEK AHEAD: PBR, USO, GE, T, ORCL, EWZWith various things Brazilian in implosion mode, it's no surprise that PBR and EWZ have high implied volatility here. PBR: Bullish Assumption Setups: The July 20th 30 delta 9 put is paying .43/contract, resulting in an 8.57 break even, which isn't very compelling, but might appeal to some smaller account holders who are willing to hold the short put until near worthless and or roll for duration/further cost basis reduction should the worst not be over (check out the weekly). The natural alternative is a synthetic covered call with the short put at the 70 delta 11 strike, which pays 1.55, and gives you a 9.55 break even. I would work the synthetic as a "money, take, run" affair and look to take profit at 50% max or sooner. Neutral Assumption Setups: The July 20th 10 short straddle pays 1.56 at the mid, with break evens at 8.44 and 11.56. Generally, I look to take profit on these at 25% (here, .39), but would naturally be prepared for a bumpy ride and to make adjustments as things unfold. USO: I generally don't like this instrument a ton as a petro play due to its size, with my preferred go-to's being XOP, XLE, and (when in a pinch), OIH. However, if you're willing to go a little larger than you usually would with contracts, it can be productive. The July 20th 13 short straddle pays .93/contract and is skewed quite short delta wise (-20.93). To neutralize some of that, I could see doing a July 27th "double straddle" with one straddle at the 13 and one at the 13.5 (you need to move to the weeklies to get the half strikes). That would pay 2.01 per contract, give you break evens at 12.25 and 14.25, and reduce the directionality to -9.67 delta. Taking profit on the whole shebang at 25% max (.50) wouldn't be horrible. GE and T: Both have earnings around the July monthly; I'd hold off putting on plays, opting instead to play for vol contraction around earnings ... . ORCL: Announces in 9 days, so sit on your hands and play the announcement. EWZ: With underlyings under $50, I've been short straddling or iron flying. The July 20th 34 short straddle pays 3.09, with break evens at 30.91 and 37.09. Naturally, that isn't for everyone, since short straddles and iron flies generally skew out delta-wise fairly immediately, so they're not "nervous nellie" trades or trades for the "delta anal"; for those kids, the July 20th 31/37 short strangle camped out around the 20 delta strikes might make more sense; it's paying .98.
NYSE:PBR
by NaughtyPines
[GE] Is It Time For General Electric Bulls to Return?Noticed a Inverse Head and Shoulders pattern looking formation here. The 50 and 200 MAs also looking to converge around the neckline on 4-hr chart. The neckline at $15 seems to be important, it has held support after a sharp bounce from the lows in the '08-'09 crisis. If it can't hold above the neckline, some serious selling could occur unless fundamentals change. Don't have much fundamental basis for a bull view, though. We'll have to wait and see the next ER!
NYSE:GE
by NYFinancials
General_Electric_(NYSE:GE)_May_10_2018GE one of the finest companies representing Americal instrutrial prowess and technological marvel. However, in the last 52 weeks, the company's performance has be too poor to garner any positive mention. The bearish sentiment resulted primarily from GE Capital and GE Power. On the other hand, GE still has many crown jewels such as GE Aviation, GE HealthCare. My analysis indicates, the worst may be over for GE and as long as the management avoids short sighted decisions (that may boost profit now but will hurt outlook later). I think in the near term the price is expected to climb towards the $15-18 range. Long term however, I see GE as a $25+ stock. Although, the dividend has been cut and the cash flow does not look great (along with an underfunded pension plan), GE does have the potential to climb back up into the SP500's top performers. GE has always been an innovator. As long as that culture is imbued within the employees and managements takes steps to retain key employees, I see the outlook as very positive. The worst case scenario for GE would be another recession as the demand for industrial products can drop significantly leading to lower revenues. However, I think at this point, it is an excellent opportunity to buy into GE.
NYSE:GELong
by advisacorp
GE - Fallen angel formation Long, $15 January 2019 Calls - $1.08GE Starting to look good again! However got to be careful with how much you risk due to earnings upcoming. $15 January 2019 Calls - $1.08 * Trade Criteria * Date First Found- April , 2018 Pattern/Why- Fallen angel pattern Entry Criteria- $15 January 2019 Calls - $1.08 Exit Criteria- Momentum Stop Loss Criteria- N/A Indicator Notes- Twiggs money flow accumulation Special Note- Big insider buying in November Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:GELong
by AcornWealthCorp