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GE

GE Elliott Wave Pattern Spotting (long)GE: I have zoomed out to the supercycle level on a weekly and the general path is towards $25 zone (unless we completely get out of this pattern). Some things I've noticed looking over the large patterns: 1. Large corrections lasted 2 years 2. Wave 2 and 4 alternate from the previous set meaning: Look at: 2003 - 2007 upswing pattern (notice waves 2 and 4), Then look at the upswing pattern from 2009 - 2016, compare wave 2 and wave 4 of a larger degree to 2003-2007 then 2018 to present compare that to 2009 and 2016. Obviously realize that there are 2-year corrective patterns between them. But we have alternated the waves so if 03-07 started with Wave 2 sharp, look at the 09-16 and you'll see wave 2 went sideways. I have seen this many times on bullish moves so my point is, when people look for entry or exist points and want to predict a bit what the wave pattern might do, how far it will correct or increase...zooming out has always worked for me. If you're good at spotting patterns, you'll be able to see opportunities. GE is a very slow-moving stock so I swing trade it. It will fill a few gaps: $11 and $8 but there's also a gap in the 25s and between 32.40-34.73 that hasn't been filled yet so I say we'll head to 35 before massive correction. This is just an overall analysis, I confirm direction by counting waves, using a few indicators, looking at my favorite analysts on youtube and tradingview. I'm not a financial pro and only trade for myself, it's been working well. I have learned stock trading by trading BTC as the systems run Elliott Wave pattern so it's identical only 24/7, if you want to learn fast, go trade BTC. If you have other ideas, please share!
NYSE:GELong
by cyberluck
3
General Electric: New Bull Cycle starting.GE is on Higher Highs on the 1W chart for the first time since August 2016. That was the last peak before a strong 2 year bear cycle hit the company. As you see on the chart General Electric's trend is a parabolic Channel starting with the All Time Highs in 2000. This long term curve has entered its asymptotic phase and may initiate the recovery back to the ATH. At this stage however we choose to focus on the next Bull Cycle which based on the following parameters is about to start: * As mentioned Higher Highs on 1W. * RSI on a Channel Up. * Long term support at 5.50 holding. A Golden Cross will simply confirm the new Bull Cycle. We are still in the early stages, GE is an excellent long term investment for your portfolio. Our Target Zone is 28.00 - 32.00. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:GELong
by InvestingScope
5
GE: Huge signal in both weekly and monthly timeframes...Relative strength in $GE is through the roof here, and very interestingly it comes while insiders are buying shares, after the CEO was fired and the stock removed from the S&P500 index. These are STRONG bullish signals, and not to be ignored. The fact the stock broke into new 52 week highs, on big volume, while the market was down sharply is a clue here. I'll be buying into a half position at market open and looking to add on retrace if viable later on. Cheers, Ivan Labrie.
NYSE:GELong
by IvanLabrie
GE - DAILY CHART Hi, today we are going to talk about General Electric and its current landscape. General Electric is poised to receive increasing attention from the market as relevant events are taking place. Despite the good of year of the companies, some mixed events can shift the balance of sentiments; on the concerning side, GE might make a significant blow from the Boeing decision of halt the production of the 737 MAX jetliner, which engines GE is responsible for producing. The optimistic case is built around the hope that General Electric CEO Larry Culp could revert this seatback as he managed to increase the company credibility and the dividend report that is nearing. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
NYSE:GE
by Igor-Silva
GE Short Setup - 1:4 Risk to Reward / RISKYGE 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: Less than 40% NOTE: I am not very comfortable with the stop-loss. During the trade, i can move it up to 1:2 Risk to reward. That's why I'm not going to risk more than 1% of my account. Disclaimer: This is not an investment or financial advice. Please do not copy my trades. Remember to follow me. Trade safe, Atilla Yurtseven
NYSE:GEShort
by AtillaYurtseven
1
$GE Looking Better Technically and Fundamentally$GE is now trading above its 200-day moving average and has made a series of higher lows. After a solid quarterly earnings report and improved Free Cash Flow, $GE looks much better from a fundamental and technical perspective. If $GE closes above the 200- day moving average, we believe institutions will start coming back into the stock. We think new 52 week highs could be come sooner rather than later considering many had written $GE off. As always, trade with caution and use protective stops. Good luck to all!
NYSE:GELong
by InsiderFinancial
$BHGE Is A Buy On $GE SellingThe worst looks to be over for $BHGE. The debt problems at its majority shareholder $GE have been an overhang on the stock for the past year. With $GE now selling, it's time to buy $BHGE. According to investment bank Tudor Pickering, Baker Hughes (BHGE -7.6%) share weakness presents a buying opportunity following news that GE will give up its majority stake in the oil services company. Tudor's desk says it would buy BHGE shares at sub-$22.50 and become more aggressive sub-$22, although the firm rates BHGE as a Hold. $GE received $2.7 billion from selling shares in $BHGE. We believe smart money is buying with $GE forced to sell. Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Its Oilfield Services segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for integrated oil and natural gas, and oilfield service companies. The company’s Oilfield Equipment segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides a range of services related to onshore and offshore drilling activities. Its Turbomachinery & Process Solutions segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry, as well as products and services to serve the downstream segments of industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, industrial, engineering, procurement, and construction companies. The company’s Digital Solutions segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company is based in Houston, Texas. Baker Hughes, a GE company operates as a subsidiary of General Electric Company. As always, trade with caution and use protective stops. Good luck to all!
BLong
by InsiderFinancial
Lifetime opportunity, soon Bankruptcy, short with PUT options!!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 be a giant Ponzi Scheme! The company is allegedly lacking 39 billion in cash, that being a conservative estimation, covering up it's losses with sophisticated accounting and it's organizational structure! I am long PUT options on the 2.00-1.5 level with 4-6 moths expiration, and will be adding to the portfolio each month! When the company announces it's bankruptcy the stock price will go below the mentioned levels, ideally to a couple of cents per share! A MASSIVE opportunity with 1:100/ 1:300 returns, as the put options on these levels are currently worth almost nothing! even if the odds of it going bankrupt is 1:2, the risk return ratio is just mind blowing! It is important to note, that I am taking 4-6 months as an average for the previous cases of such fraud detection, like Enron and WorldCom, which both went bankrupt within 4 moths after the exposure! S NYSE:GE o I am just being on the safe side here, being up put options with further expiration each month! It does not matter how the stock's price behaves during these 4 months.If it goes up, take it as the opportunity to double down on your PUTS position.
NYSE:GEShort
by CassidyWaterhouS
18
General Electric - Expect volatilityGE, 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 financial statements, which are a source of confusion 3) GE’s evolving presentation makes it very difficult to evaluate GE’s operating performance. ------- In response to the whole ordeal, General Electric's CEO bought $2million in shares.
NYSE:GE
by dorfmanmaster