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GE Weekly View - Potential Inverse Head and Shouldersmost of my notes and thoughts are on the chart - 3 major moves to the down side, with what appears to be a iHnS potential taking shape --Need to see much more volume (buying) to confirm with better probability that this pattern pans out ---low volume with price increase would indicate weakness imho - IF, this were a legitimate inverse HnS and the pattern completed: --Target of ~$300.00 as indicated by blue horizontal trendline --*a more conservative target of ~$195 could be made and the higher target could fail due to resistance at yellow trendline **(marked by the yellow X and the 2nd yellow X near $195) *Note the time frame of this trade....several years to see in totality. This is something to just keep an eye on for longer term investment this is not financial advice, simply notes on what i see and should be used for observation/education only
NYSE:GELong
by astoinis
General Electric remains bearish.General Electric Company - 30d expiry - We look to Sell a break of 82.98 (stop at 86.11) We are trading at overbought extremes. The primary trend remains bearish. Bearish divergence is expected to cap gains. Posted a Double Bottom formation. A break of the recent low at 83.20 should result in a further move lower. Trading has been mixed and volatile. A higher correction is expected. Our profit targets will be 75.15 and 73.15 Resistance: 86.60 / 87.60 / 88.40 Support: 84.70 / 83.20 / 80.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:GEShort
by Saxo
Short term bulls on General Electric. GEGoals 98, 102. Invalidation at 88. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:GELong
by Rykin_Capital
Elliott Wave View: General Electric (GE) Ended 5 Waves RallyThe short-term Elliott wave view in General Electric (GE) ended wave (1) at 88.03 low. Wave (2) rally is currently in progress as a zigzag Elliott Wave structure. Up from wave (1), wave A of the zigzag ended at 100.68 with internal subdivision as 5 waves impulse. Up from wave (1), wave ((i)) ended at 91.77 and pullback in wave ((ii)) ended at 88.05. The stock then extended higher again in wave ((iii)) towards 100.59. Wave ((iii)) subdivided again as a 5 waves of lesser degree. Up from wave ((ii)), wave (i) ended at 92.28, wave (ii) dips ended at 91.03, wave (iii) ended at 98.44, wave (iv) ended at 96.16, and wave (v) ended at 100.59. Wave ((iv)) pullback ended at 98. Internal of wave ((iv)) subdivided as a double three. Down from wave ((iii)), wave (w) ended at 98.63, wave (x) ended at 100.47, and wave (y) ended at 98. This completed wave ((iv)). Stock then extended higher in wave ((v)) towards 100.68 which should also complete wave A. The stock is now pulling back in wave B to correct cycle from January 27 low. Internal of wave B is unfolding as a zigzag structure where wave ((a)) should end soon. The stock should bounce in wave ((b)) before it resumes lower again in wave ((c)). As far as pivot at 88.03 low stays intact, expect pullback to find support in 3, 7, or 11 swing for more upside.
NYSE:GE
by Elliottwave-Forecast
1
General Electric (NYSE: $GE) Could See An Extra Bright 2022! 💡General Electric Company operates as a high-tech industrial company worldwide. The company's Power segment offers heavy-duty and aeroderivative gas turbines for utilities, independent power producers, and industrial applications; maintenance, service, and upgrade solutions to plant assets and their operational lifecycle; steam power technology for fossil and nuclear applications, including boilers, generators, steam turbines, and air quality control systems; and advanced reactor technologies solutions comprising reactors, fuels, and support services for boiling water reactors. This segment also applies the science and systems of power conversion to provide motors, generators, automation, and control equipment; and drives for energy intensive industries, such as marine, oil and gas, mining, rail, metals, test systems, and water. Its Renewable Energy segment provides various solutions for its customers through combining onshore and offshore wind, blades, hydro, storage, solar, and grid solutions, as well as hybrid renewables and digital services offerings. The company's Aviation segment designs and produces commercial and military aircraft engines, integrated engine components, electric power, and mechanical aircraft systems; and provides aftermarket services. Its Healthcare segment develops, manufactures, markets, and services magnetic resonance, computed tomography, molecular imaging, x-ray and high-frequency soundwave systems, clinical monitoring and acute care systems, enterprise digital, artificial intelligence applications, consulting and command center, and complementary software and services; and researches, manufactures, and markets imaging agents. The company's Capital segment offers aviation leasing and financing, and working capital services; financial solutions and underwriting capabilities; and insurance and reinsurance for life and health risks, as well as annuity products. The company was founded in 1878 and is headquartered in Boston, Massachusetts.
NYSE:GELong
by Bullishcharts
Can An Electric Shock to GE make it Fly? I can see a setup one , what would be otherwise known is the Volatility contraction or the SQUEEZE pattern, but I call it The Setup 1. The Alligator (the three lines) are squeezed into a TIGHT Box (the grey zone, is AIMS Box Indicator). The AO has a peak of 3 (green histogram peak) which was then followed by the squeeze. But that was the past, Now its broke out of the box, and the way up is obviously in its way. Buy now Target $138 (Target Zone one) wave 5.
NYSE:GELong
by iTradeAIMS
3
$GE earnings analysis *This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has been digging into global tech company $GE for the past few days in anticipation of their upcoming earnings report. $GE continues to be a dominate power in air travel (aerospace engines), precision public health (medical diagnostic equipment), and energy transition (steam and wind turbines). This company is a triple threat and certainly not a force to be reckoned with. $GE has a great technical set-up right now on the charts as well. If $GE has an earnings beat pre-market expect current resistance at $115-116 to be broken sometime during the day. My team still has yet determined a good take profit on $GE due to a lack of uncertainty in the companies potential. However we believe that $145 is a key zone to look at if an uptrend does emerge. My team entered $GE on 10/25/21 at $104 per share. This is a long term trade. Earnings are expected to be announced premarket on 10/26/21. If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:GELong
by SimplyShowMeTheMoney
2
Beautiful Channel!Money Makers! GE has been trading in a horizontal channel for a very long time. It recently was rejected from moving higher and is currently attempting to bounce off the 50 EMA. If the 50 EMA fails we can expect it to move lower to retest the bottom of the channel again. Love it or hate it, hit that thumbs up and share your thoughts! It's all about Market structure, Area of value, and Entry Trigger. Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
NYSE:GE
by rnaofs
1
A perfect technical scenario on General Electric Today we will speak about GE. Why? because it's on a situation that from a technical perspective is BEAUTIFUL. Let's check those items: 1) Massive range that started in 2019 and was broken on March 2021. Remember that classical chart patterns tell us that when we have a range, we can calculate the minimum target extending the size of it above or below the breakout. 2) After the March 2021 breakout, the price started a consolidation on the edge of the previous major structure. From an Elliott Wave theory perspective, this is a Flat Pattern (composed by an ABC movement, which means that is 100% finished). 3) My conclusion is that this scenario is about to define a new direction when we observe the breakout of the flat pattern. Directions: Currently, the price is in the higher zone of the flat pattern, and I like the idea of thinking about bullish breakouts (I'm not interested in bearish setups). So let's explore this idea better: If we have a clear breakout and the price reaches our horizontal green line, we will consider that as a confirmation of this new movement, and the targets we expect are either the 2nd level of the Fibo extension or the Range extension. Both are valid situations. What if the price reaches the green line and then we have a bearish movement? This is impossible to happen because all our analysis goes in the right direction (100% win rate)... Just joking. You must think on levels where you will say "This is not going as expected fellas, abort mission". That level for us is below the flat pattern. So, if the price reaches our green horizontal line, we will consider that our view is wrong if the price goes below C. Feel free to add any idea, or view about this situation, in the comments! Thanks for reading.
NYSE:GELong
by ThinkingAntsOk
8
General Electric | Fundamental AnalysisGeneral Electric's $1.45 billion cash acquisition of advanced surgical imaging company BK Medical announced last week would have been something out of the ordinary for GE a decade ago. These days, however, it's much more important. This deal is CEO Larry Culp's biggest acquisition, a leader noted for his ability to acquire businesses, and it should give shareholders certainty in the company's future. And here's why. First, the deal will support growth. BK Medical makes imaging and surgical navigation technology used in surgery and ultrasound urology. Thus, it greatly complements GE's ultrasound business. That is important because ultrasonography is one of GE Healthcare's fastest-growing businesses. For instance, management has drafted a mid-single-digit growth rate for its ultrasound business, compared to a low- to mid-single-digit growth rate for the entire healthcare business. Moreover, GE Healthcare is probably the industry that would get the highest rating if traded as an independent company. For example, GE's closest competitor, Germany's Siemens Healthineers, trades at a higher valuation (Wall Street analyst consensus) of enterprise value (market value plus net debt) to earnings before interest, taxes, depreciation, and amortization, or EBITDA. In short, GE is accelerating growth in one of the fastest-growing divisions and the highest-rated business. For Culp, taking the helm in October 2018 must have been like playing a game of closed position chess with former world champion Anatoly Karpov. Heavily mired in debt and with limited scope for movement, the open option was to start a series of asset sales to reduce debt while gradually improving the position by repositioning the business. As a result, GE sold its biopharmaceutical business to Danaher (formerly Culp`s company) for a net price of about $20 billion; its aircraft leasing business, GECAS, for $24 billion; and several others. It's been a long time since GE has been in a position to make meaningful acquisitions. It worries the industrial conglomerate because investors are relying on management to invest in parts of the diversified business that will grow -- one of the advantages of diversification. That is also a concern because GE tends to produce large products that require a significant upfront investment, such as aircraft engines, gas turbines, wind turbines, and imaging equipment. Thus, the deal with BK Medical gives investors confidence that GE's financial position is now sound and management can invest in growth. That is especially important given that Culp has built its reputation at Danaher by making some successful acquisitions and applying several continuous improvement and lean management practices to improve the efficiency of these businesses. Investors will hope that he can do the same for GE. The investment also suggests that GE is unlikely to sell its health care business anytime soon. Former CEO John Flannery (who previously ran GE Healthcare) had planned to spin off the company into a separate company to raise money to pay down debt, but those plans were abandoned in favor of selling the biopharmaceutical business. In addition, this deal would lower expectations for the sale of the rest of GE Healthcare (imaging, ultrasound, health systems, pharmaceutical diagnostics, software, and solutions). This makes sense, given that GE will need the profits and cash flow from GE Healthcare to support GE Aviation, which is recovering from the impact of the COVID-19 pandemic on commercial flights, and GE Renewable Energy, which is building its offshore wind turbine business virtually from scratch in 2021. To be sure, GE Healthcare will face some near-term headwinds due to ongoing supply chain issues, which will likely extend into the first half of 2022. Nevertheless, as Culp noted recently at the Morgan Stanley Laguna Conference, there are no end-market demand issues. Thus, once GE overcomes the difficulties associated with restarting production, we can expect BK Medical to start helping GE accelerate the growth rate of the healthcare segment to mid-single-digit rather than low-single-digit levels. Given how highly valued healthcare companies are, this could have a significant impact on the stock price for years to come.
NYSE:GELong
by FOREXN1
2
General Electric (GE) Bearish FlagsIn this technical analysis, I give you an explanation for GE's price movement. After every major market correction, GE forms a bearish flag. It is my hope that after the pandemic we see another flag. The market corrections are labeled. The percent increase/decrease is measured left to right from the arrows. If you notice in the last two flags, the price hit the top resistance line so I expect this flag to hover around the price of $96. I can't estimate how long the recovery period will take or the percent increase.
NYSE:GELong
by InvestorCowboy
1
GENERAL ELECTRIC:DETAILED FUNDAMENTAL ANALISYS-LONG SCENARIO 🔔General Electric was once a massive power producer. Back in 2017, turbine manufacturing was the company's biggest business. Then it all went downhill. A turbine design defect (now fixed) forced potential power producers to put their purchase plans on hold. And then clean natural gas power began to lose its popularity as alternatives to solar power became more affordable. GE's energy turbine revenues are now down to about half of their peak levels. This decline in sales has further trimmed the company's bottom line of profits. Investors should pay attention to the fact that the company is changing. This could be an indicator that GE's once-great energy business is slowly recovering. Of course, it's hard to distinguish between organic growth driven by increased demand and growth that is merely the mathematical result of last year's COVID-19-induced outages. For most companies, it's probably a mixture of both. For General Electric's power turbine business, however, it will likely be organic growth. Utility companies plan million-dollar investments years in advance and then maintain the purchased turbines for 20 years or more. The difficulties associated with time constraints designed to keep consumers at home are not a major hindrance to the power generation industry. Knowing this fact helps put the chart below in the right perspective. Last year's modest orders and revenues for GE's power division are not the result of the spread of the coronavirus. Rather, business began to decline in 2018 when several turbine blade failures took out too many GE-made gas turbines. General Electric quickly began responding, but its institutional customers were reluctant to do so until it became clear that the company's turbines would not fail for a long time. It's also naive to ignore the fact that around the same time that GE turbine blades began to fail, alternative energy sources were undergoing a real revolution, leading to a shift away from old technology and toward investment in cleaner, greener technologies. According to IHS Markit, the rate of annual photovoltaic panel installations more than doubled from 2015 to 2019, more than doubling global solar power capacity, according to the International Energy Agency. It would be surprising if General Electric's energy business didn't face obstacles. But take a closer look at the chart above. Specifically, note the fact that, at least, energy business revenues and orders stabilized in 2020 - despite the turbulence - during the recently ended quarter. Equipment orders also improved significantly in two of the last three quarters. That's a subtle hint that things are changing for the better, even if most investors don't see it yet. Of course, not losing ground is not necessarily the same as growing, and frankly, it could be years before GE's energy division approaches its glory days, when revenues of $8 billion and quarterly profits of a few hundred million dollars were the norm. But don't be too quick to dismiss the potential of this part of the company's business for several reasons. Foremost among them is that, as reliable as solar power is, it still faces the problem of a lack of overnight power generation. This problem is solved quite effectively with battery-based energy storage. However, this solution still lacks the "instant-on" capability that most power producers need, especially in the extreme heat of summer and the bitter cold of winter. A multifaceted power generation portfolio using all available options seems like the most plausible future. The second reason to expect demand for natural gas turbines in the foreseeable future is that the world is simply not ready for such a leap. In a long-term market forecast released last year, the U.S. Energy Information Administration predicts that by 2050, 36% of the nation's electricity will be generated by natural gas, just 1 percentage point less than 37% currently. That's despite the fact that renewables will likely double their current share of the nation's electricity production from 19% to 38% over the same 30-year period. And to the extent that there will be pressure for clean energy, GE's gas turbines can be made to run on hydrogen, which can be produced with minimal impact on the environment and - ultimately - produced economically. The company believes that all of its turbines can run on pure hydrogen within a few years, making the issue of natural gas's environmental impact moot. The fact of the matter is that it all shows up in numbers that the company tacitly discloses. As of the end of June, GE's backlog of energy equipment and services totaled $71.8 billion. That's more than four years ahead, not counting the new contracts signed during that time. Investors expecting GE's energy business to blossom overnight will be disappointed. The company's customers are not fast-moving consumers. Rather, they are corporations that can take months to decide to shell out millions for new equipment. But for long-term investors, the electric power industry offers an undervalued growth opportunity that is on par with GE's renewable energy and aviation businesses. This reinforces an already bullish position based on consistent cash flow growth, even if the company is slightly riskier than the average blue chip
NYSE:GELong
by FOREXN1
6