Generalelectric
Inflating VS deflating bubblesPrices do not go up forever. What goes up eventually comes crashing down.
If I told you in the late 90's that GE was going to see under $6 you would say I was crazy.
This chart is intended to compare the deflating bubble of GE with the current inflating bubbles of Google, Amazon, Apple, and the notorious BTC.
While you are in a bubble it is hard to determine exactly how much it will inflate until it pops so we could see them go higher but for how long?
Which of these would you rather invest in?
General Electric - GE Technical Analysis vs Fundamental AnalysiBased on Technical Analysis, we are just waiting the right signal to buy - but HOLD for now
Fundamental Analysis would suggest to hold.
On Monday, GE announced it will cut 13,000 jobs from the Aviation payroll, amounting to 25% of its workforce.
This news has already been discounted by the prices.
For the rest of the year, GE expects to reduce operational costs by more than $2 billion and save over $3 billion more in "cash preservation activities."
General Electric has had a difficult run in recent years, weighed down by market-topping acquisitions and a huge debt load. The company showed signs of a recovery in 2019, but the shares are now down 44% year to date in 2020.
We knew heading into 2020 that GE had serious issues with its energy business and with other units, and still had work to do bringing down debt. Aviation was supposed to be a counterweight for those issues, providing earnings stability and free cash flow.
GE ready to catch up w/ the rest of the market!General Electric looks ready to catch up with the rest of the market. It continues to be held down and consolidate. I expect quite a comeback from a company that certainly isn't going to vanish. I fully expect this to have a full recovery. 50%+ gains in the short term. Check the chart and let me know what you think! Happy Friday all!
Long GE + Other CI (WEEKLY)Critical Infrastructure (Aviation, Energy, etc.) will see bounceback after COVID-19.
Activities during COVID-19 have been in noble aid to the national interest.
Once the virus begins to leave the spotlight high volume business activities will return, stabilizing the share price.
Long term trade -- Optimum target: ~March 2021
General Electric Technical Analysis - Stand AsideNYSE:GE
Technical Analysis seems to have found a signal to buy up to $6.85, but due to the Fundamental info, I would stand Aside right now.
The Issue between China and USA over the COVID-19 might impact on GE Business (59% of its revenue is outside the USA).
Credit Suisse lowered its price target on GE to $8 (they might be on Hold)
Long term investment, we could see GE stock rise over the next three years to $13, or even $20 per share.
GENERAL ELECTRIC CO (GE) Monthly, Weekly & DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
GE - General Electric - Wait for the Earning ReportGeneral Electric (NYSE:GE) has terminated orders for 69 Boeing 737 MAX
Based on Fundamental and Technical the market should go down.It Seems that it might reverse to bearish - Volume does not confirms a potential reversal pattern
General Electric (NYSE:GE) is scheduled to announce Q1 earnings results on Wednesday, April 29th, before market open (US Time) - in a couple of hours
Estimate Earning Report Results:
The consensus EPS Estimate is $0.08 (-42.9% Y/Y) and the consensus Revenue Estimate is $20.34B (-25.5% Y/Y).
Shortening $GE at a Target of $9.13First off, please don't take anything I say seriously or as financial advice. That being said, let me get into a few key points. GE also has GE Healthcare systems which has its Ventilator solutions as well as virtual care and telemedicine (amongst other things). This is why I don't think GE is going to have as bad of a quarter as other corporations during the Covid19 period. It also doesn't have another earnings call until July 29th, giving others a chance to be bullish. I expect at least a $9.13 price target to be reasonable for a short sell. It also may have higher then 34%+ as a long call potential, but it is still too early to call given GE's mostly bearish history in the recent years.
GE Today ForcastI'll Update You When Trade Is Active
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Disclaimer
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GE is in a Downtrend; Looking at Levels and Waiting for An EntryGE is an a clear downtrend. We closed a successful short but are currently neutral.
NOTE:
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STRATEGY USED:
Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
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DESCRIPTION:
1. Fractal Trend is showing a downtrend (background color Maroon).
2. We previously had a successful short signal with Breakaway Scalper signaling short (Red bar color) while Fractal Trend also signaled a downtrend (we only take trades with this strategy when Fractal Trend AND Breakaway Scalper agree on the trend).
3. Currently Breakaway scalper is neutral (Grey bar color).
4. We are looking for potential reactions off of the bullish order block at S1 or the range at R1. Meanwhile, we will be looking at R2 and R3 if R1 does not act as resistance.
5. The only actionable play as long as Fractal Trend is Red is a short signal from breakaway Breakaway Scalper, thus we will be watching the noted levels as possible spots for Breakaway scalper to signal a continuation of the downtrend.