GE / D1-W1 : This one could be oversold and interesting to buyHope this idea will inspire some of you !
If you want to see my chart more closely, click the share button below that video.. You will be able to have access to the chart used in that video.
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum .
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Kindly,
Phil
If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
General
October 20 Earnings: General Electric - Higher Industrial OutputShares of General Electric have come under pressure in the last year due to management's uncertain theme regarding the company's future after GE Capital spin-off.
The spin-off aided the company's focus on its core industrial business providing core products and services to fast growing industries.
Following higher industrial output numbers and an overall increase in demand from the aerospace and military, GE should be turning around.
Strong demand for its software and its focus on Internet solutions should boost margins in the coming years.
I believe General Electric will cruise through this quarter, however guidance will remain shifty.
I'm starting General Electric with a $28.00 PT for the post-earnings move with a tight stop at $22.00
GE Short PT 23.50 Supp 26Hello, my name is Brett, and I love technical analysis. Last night, I decided to analyze General Electric ( $GE ). The trend lines are all major, minus the lines that had to be added on the 30 minutes chart. Moving averages were all converging, so honestly, it was visible and apparent that GE was at a pivotal moment.
GE Short. Should have posted this last night before the drop, but I did post it in my FB group! :) I bet you the Ichimoku is interesting, too... GE is dead. It'll keep burning... I have a medium-term Price Target of 23.50 based on long-term Technical Analysis with first support at 26 second 26.33, third at 28.36. First time really giving out a price target but hey... I call plays every day.. might as well see and publicly document for complete transparency ...
In the Facebook group I posted at 3:00 am: lmao. GE.. Oh.. you did as predicted... Some of you might not see many of my Technical Analysis posts anymore if you aren't in the group I'm adminning BUT last night at 3:00 am I said, "I'm bearish on GE. They could perform a miracle tomorrow and move price action up 5%, and it would still continue burning. Moving averages are bearish. The trend is bearish. And the pattern is bearish."
mind you this was posted at 3:00 am, before price action was moving.
Expect a hit on the DOW is GE can't be offset by the outbreak down.
Drums of War ?Good morning traders,
Sad start of the week, with another terrorist attack in London. Stand together.
This is added to the conflict in Middle East , Qatar breached diplomatic relations with its counterparties in the gulf region, presumably due to support of terrorism.
Reviewing military-related stocks, they are very bullish. Is this drums of war symptom ? Or just trending like rest of the market ?
In any case, have a great trading week , in peace.
Josep Pocalles
Upcoming General Election & Brexit Related Analysis (GBP)See chart for fundamental and technical analysis. I have given a timeline of Brexit events and the reasoning for its effects on the Pound Sterling. The combination of technical analysis and a strong likelihood of a Conservative landslide (Soft Brexit) should see the GBP surge, and hopefully see GBP recover to its pre-Brexit highs.
GNC General Nutrition Centers BearishGNC bear credit spread. GNC C 5 sold for 3.44, GNC C 10 bought for 1.31, so a $212.10 credit taken (after comissions) Max Risk is: 305, Max Reward is: 195. Reasons: Definitely on a downward trend. Around this time of year the stock drops on earnings, it went up once but it dropped back down early. Hence the larger than usual trade amount.
Basic trend analysis of Bitcoin in USDThis is a very simple chart of the Bitcoin in USD. The aim of this analysis is to help an individual who might buy 0.1 BTC or 1 BTC to make a purchase or to send to friends or family overseas. The time window might be over a day or two to a week or two. The individual will better know whether to buy now, wait a couple of days or even a week. It is not aimed at long term investors or speculators but can also provide insight for them.
There are two moving averages. The important 55 day moving average, the thick blue line. This gives the long term trend. The second short term moving average is a light red 14 day moving average. The red moving average indicates the short term trend.
If someone is thinking of buying bitcoin to use for today or tomorrow, they could look at the red moving average. If it is moving upwards or the price has crossed above it, a purchase is recommended. The red line moving downwards or the price crossing below it suggests to wait before purchasing or even to use or sell the Bitcoin.
The blue moving average helps with making longer term decisions. If the price is above the blue line or the blue line is moving upwards, a medium term purchase of Bitcoin is suggested. Perhaps the buyer is planning on moving money out of the country to relatives and the bitcoin may not be cashed in for a week. If the price passes below the thick blue line or the blue moving average is moving down, then waiting before purchase of bitcoin or even the sale of bitcoin is recommended.
The final analysis is of the two moving averages crossing each other. This provides the strongest confirmations of trend formations. If the red line crosses below the blue line the trend is highly bearish and selling or waiting is recommended. If the red line passes above the blue line, buying and holding is highly recommended.
ge - general electricI'm long the 31 February calls of GE, I do have the positive expectancy that the stock will bounce from the Yearly Pivot of 31 area, and move 35 area.
we'll see in the upcoming days if the 31 pivot point will hold and an upside breakout will occur.
anybody following this idea, should place stops on the 30-31 area.
$GM Awaiting New Highs?? Here's a classic breakout situation. We have price channeling for the past few years. However we do have a highly anticipated earnings report coming out soon. Mayne this earning report can take this stock To new highs?
Why I am Long on GM:
- New Cruz Hatchback just came out which will take car/ hatch marketshare.
- Corvettes numbers are solid.
- Camaro new update and high end model will be a huge seller.