GE Bullish CallsShowing positions i placed yesterday and today.
Long calls with 09 August expiry
entered 9.5 strike with .30 and .18 cost per contract
9.80 price target
GE
Long GE if it can break resistanceBeen trading sideways - but if it can break resistance lines 1 and 2 I see upside potential. moving averages above trend just needs a breakout.
pin bar daily candle @ 200 day EMA 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
GE - Daily 7-7-19Upside:
- 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
- Volume has slowly been trending down
Notable Prices:
- Top of ascending triangle (also potential double top level) is $10.72
- Bottom of triangle and 2-day SMA is $10.35
I am watching to see which way out of this narrow range the stock price breaks and the volume that is associated with it.
GE: Long Targeting 12.15, 14.50GE 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.
ACB 50/50 Bull Flag Trading Range - Breakout ModeACB is currently in the dead center of the bull flag trading range, and a converging triangle. This is where the directional probability is very close to 50/50. However the bulls have a slight advantage because it is a bull flag trading range, and there are bull gaps below. Prices are currently stalling at the failed bear reversal, where trapped bears may soon buy and contribute to a rally. However there is no valid but setup yet this week. The Bears want a test of the 7 low, and to fill the bull breakout gap. If this gap is filled, it will decrease the bull strength and prices will likely remain range bound for the next 20-40 bars. If instead the bulls keep the breakout gap open and form a higher low in the coming weeks, it will increase the probability of a test of the all time high and possibly bull trend continuation. But since prices are in a trading range, there will probably be some profit taking and short selling at a new all time high, unless the bull rally and breakout is exceptional.
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GE stock price forecast timing analysis. 13-Jun
Investing position about Supply-Demand(S&D) strength: Rising section of high profit & low risk
Supply-Demand(S&D) strength linkage Trend Analysis: In the midst of an adjustment trend of downward direction box pattern stock price flow marked by limited rises and downward fluctuations.
Today's Supply-Demand(S&D) strength Flow: Supply-Demand strength has changed from a weak selling flow to a suddenly strengthening selling flow.
Possibility of change in forecast timing: Forecast timing has become high variability conditions. because the flow of supply - demand has changed, and the supply - demand linkage is unstable.
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.4% (HIGH) ~ -3.1% (LOW), -1.9%(CLOSE)
%AVG in case of rising: 3.2% (HIGH) ~ -0.8% (LOW), 2.4% (CLOSE)
%AVG in case of falling: 1.2% (HIGH) ~ -2.2% (LOW), -0.9%(CLOSE)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
Read more a detailed Forecast Analysis Reports that candlestick shape and %change, S&D strength flow in the future 7 days.
www.pretiming.com
GE 4HR POIIts not time to buy shares for GE. PUT Option trades for the moment. Wait till it bounces off of blue horizontal bar.
Will General Electric Run for Another 8 Years? Check it out! I couldn't ignore this chart when I looked at it. I noticed it instantly! 10 years later GE has returned back to the $10 range back from 2009.
GE did a 8 year run all the way to 2017 before falling off heavy for 2 years straight. I did another 8 year projection back to the same level it reached in 2017. I believe it will take this pair less than 8 years to reach back to the same level.
If this stock does take 8 years to recover than we should be looking around 2027 to reach the $30 per share range.
All in all I believe this is a very solid stock to invest in.
(Please comment and give your honest opinion.... Thank you)
General Electric price action comparison to Ford Motors I'm just showing you the similar pattern to Ford when I mentioned the buy on it. GE is pretty cheap.
General Electric Buy SignalThe Trading Chaos Expert has identified me that the price has formed a bullish divergent squat bar on the daily chart of General Electric shares. This signal, reliable as it is, is supported by Elliott wave structure, which is marked on the selected chart. Going long using pending levels that are marked on the chart.
GE Bullish to $12+General Electric Co. (NYSE: GE) is expected to report its first-quarter results early on Tuesday. Overall, analysts anticipate earnings of $0.09 per share, as well as $27.05 billion in revenue. Shares traded at $9.57 on Friday’s close. The consensus price target is $12.61. The stock has a 52-week trading range of $6.40 to $14.99.
Off Technicals we see it finally breaking back above a major weekly trendline and using it as support.
Head and Shoulder pattern on the lower time frame and currently on a major reversal zone with multiple confluence showing bullish.
Mind you - Still SUPER new to technical analysis but sharing this for improvement and to hopefully bounce ideas off of traders and students alike.
let me know what y'all think :)
Boeing Will Misdirect the BlameThe game-plan since December has been to prop these markets up at all costs; the PPT joined with the 6 largest wall street banks, Trump called a "buy the dip", the FED turned dovish, and off to the races we went.
For the DOW to continue higher, they need Boeing to be propped up. I envision a classic blame misdirection onto GE/Safran, the manufacturer of the LEAP-1B engines used on the 737 Max 8. Alternative, the pilots are blamed.
Besides offering what appears to be a conspiracy theory, consider the reaction we have seen off the support at $370. Another support sits at $360, and yet another at $330. The 100-day VWMA sits at $363, just between the two long-term supports. CCI and RSI are at historically oversold levels. There are a ton of institutional buyers under this bad boy, and nothing short of the truth (God forbid) will stop it from going up.
I am looking for BA to stabilize around $360 to go long - no need to jump the gun.
Robert Muellers report will affect the S&P 500 like this...From a macro top-down framework, the current environment heavily favors the bears. The leading data continues to show expected weakness in the economy over the coming 3-6 months.
I would love to hear your feedback, have a wonderful day!
UPDATE: S&P 500 is 1% away from target, Fed are a risk. I believe a hawkish Fed will be a policy error but it will help regarding trade negotiations.
GENERAL ELETRIC CO - Bottomed?Good evening everyone,
Lets take a look at G.E stock, as we can see on the weekly chart the stock is going in a very long downtrend since APR 17 , i believe we might've reached the bottom now,
As we can see price finally went out up of the channel, above the 10.0 psichological level.
The entrance should be evaluated on the daily chart, what do we see?
Price is struggling at the current zone and we might have a bearish divergence on RSI;
So i personally recomend to wait the price re-test the 10.0 zone + 50ema + .382 fibo and reject it before going long, dont forget, overall we are still on a bearish trend.
The S.L should be placed under the current bottom and the reasonable targets are ~13.50 and 18 levels.
But for now, wait a pullback we must.
This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
