Generalelectric
GE - 14% Potential Gain - Descending TriangleAdd this to the watchlist.
GE is about to break through support in a well-formed descending triangle.
Once current support is reconfirmed as new resistance, place a Limit Sell Order at $6.45.
Potential for a 14% gain if new support it established at $5.50.
General Electric Stock AnalysisPrices are moving inside the channel the idea is to go long as they are close to the bottom flat trendline.
Target Price might be 8.00 USD
Fundamental Analysis.
This stock is highly influenced by the relationship USA / China. Before investing in GE, it is better to watch out the sensitive equilibrium between those two Economic Powers.
#GeneralElectric #Turnaround after 20 years? #GE #GECI 👍 to Move it Move it; I 👍 to Move it Move it; I 👍 to Move it
---> You Move to? 👍 it!
As it looks, General Electric's stock could turn around. Certainly, this is a process that does not happen overnight because of almost 20 years downward movement. But from a long term Investment perspective of 5-10 years, an entry could be exciting.
After catastrophic Q.1 2020 and maybe slightly better Q.2 data comes on July 29, 2020, we should take a closer look at the stocks again.
Many greetings from Hanover, Lower Saxony
Stefan Bode
Translated with www.DeepL.com (free version)
GE is my blue chip for the decade and here's why...This is NOT investing or financial advice. It's my opinion but a damn good one. Cheers.
GE isn't going anywhere. It's here to stay so let's just end any of that nonsense.
COVID IS GOING AWAY. A VACCINE WILL COME. PEOPLE WILL FLY!
Anyways,
Anyone watching what $tsla is doing? Insane? Yup!
Electric cars are the future. I mean it only makes sense that we move from gas to electric. Right?
Exactly. You see where I am headed with this... GE.
Check out this article:
Electric cars, of course, would help GE's bottom line. The company sells the WattStation charging station, but also transformers, smart grid equipment, sodium sulfur batteries and all those other components that will be required to beef up the grid for electric drive.
www.greentechmedia.com
History says this is the bottom and over the next few years this has the potential to double. I mean it could overnight when a vaccine in delivered.
Either way... this is my retirement plan. GL. Cheers!
GE to 8$yo yo happy Sunday. I am creating some new tickers so hope they help. GE mirrors BA stock pretty closely. Based on the bounce at the 0 on the Fib I am predicting a full 180. All the way to the 1 line which is at 8.5. After that I am not sure. I have drawn lines of where I think it will stay. If you choose to buy the stock or do some calls then I'd give it a week out so shoot for 7/17. GE is a good stock for long term but for some quick prof I would do some calls at 7 or 7.5. You can probably swing these during the week during a low to high day :)
thats all. hope it helps :)
this is not trading advice. I am learning and I am simply pointing out something I see. I apologize in advance if they do not come true.
General Electric $GE "H&S,Bottom"$GE is forming unconfirmed head and shoulders,bottom. watch for $8.56 for a breakout.
12 months Consensus Price Target: $9.30
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
General Electric probably found a solution to gain it's shares! In order to make the long-time expected up trend it needs one more down as I illustrated on the chart. Anyway if you are looking for a good opportunity to invest in, (I strongly suggest) it is a time to get in.
I assume that it has a high potential to reach 40$ per shares in 2-3 years. It means, You can make up to 800% of profit without doing nothing but waiting.
it's just a technical wave analysis but this investing opportunity could make
you a ton of money in the long run. Cheers
Range Building For Longterm. (GE)✌ You're going to want to play the edges of the expanding range and align the Crossover strategy/ the ema dots at those point of reversal or breakouts.
Focus more on the range edge vs the horizontal support and Resistance levels.
Either of these breaks should result in a longterm position for play. The green support on the range is very critical and must hold as a long term support level.
Tight stoploss for reversals.
Best of luck, 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER