Get started

Generalelectric

GE - Ideal Short Levels (An GE Just Gave Another Teaser!)This is a quick summary of this GE idea, but GE started its strong downtrend on May '17 and it started to slow down in May '18. That's 1 year with a ~52% loss, in other words a very strong downtrend or crash. It was a discussion I was having with a fellow member and I decided to share it as an idea rather than keep it to myself just because of how interesting the story has been so far. GE just broke down another support level at $12.60 after failing to hold its recovery rally up to the $15 mark. Right now the support break tells us that the stock is still weak, but a confirmation is needed to initiate another sequence of shorts if the downtrend resumes. If GE holds below its $14 level and makes a correction to the downside, it would be the time to short for me (this is a separate idea from what I will be doing with the portfolio growth challenge). As short as I am on this stock, it is only a waiting game until a further sign of weakness appears. Let's give GE till about December to make up its mind. We will see how this plays out. There is no prediction here, only reaction to the price action on the charts. Credit to @pherrman for bringing up the discussion.
NYSE:GE
by themdtrader
5
GE - Ready to star an uptrend?GE has been in a downtrend path for all the 2017 and 2018, most of the time even under the moving average 50 days (blue line), and the price just once tested the 100 days trend line (orange moving average). Today, the stock is closing almost with a +8%, after the company announced his plans to spin off its health-care business and sell its participation in the oil-services company Baker Hughes. Maybe is too early to say the downtrend is finished, and the company still faces some risks in the short term, as some expected downgrades in his credit rating, and his recent reality after it was removed from the Dow Jones. From the technical analysis view, there are some key elements: A) possible double bottom formation, around the $12.75 area, and B) a possible MACD bullish cross in the daily graph (left). Before to go long, I will wait for some confirmation signals for the next days, such as: 1) keep price action over today GAP ($13.5); 2) price action over the moving average 8 days (green line); 3) golden cross between 20 and 50 days moving average; and lastly, but not least important 4) stay above the long-term trend, the 200 days moving average!
NYSE:GE
by david_ceballos
Second long: GEHere comes the second long. This is a more risky trade because there is still room for GE to move down. You may have heard that it was dropped from the Dow, recently. It is my assumption that GE is ready to move up because it has done so recently despite all the bad news, including moving up on negative earnings. Entry: 13.05 TP1: 19.25 SL: 12.5 This is a 11:1 risk ratio trade. Do your own research before risking any money. If you have less risk appetite, wait for the tenkan to go above the kinjun on the daily. I fell comfortable with it because of the slow stochastic and RSI. PS: I see that the chart does not look exactly as I designed it. The fact is that the angle is 46 degrees like here:
NYSE:GELong
by fastmoveforward
1
General Electric, testing big support levelAfter testing 12.79 for two weeks and retracing to 38.2%, GE seems to continue its sell-off, which started back in January 2017. Today, GE got kicked off the Dow Jones list and replaced by Waldgreens Boots Alliance, a drugstore chain. GE is the last company from the original list of the Dow, it was there for over a 100 years. This adds to the bearish sentiment. A break below the support opens the lower target area at the next support at 10.67. Last time level was testes in the summer 2009. A good entry would be below the support level with the buffer that suits your trading style. It is a long term trade. Alternatively, the price could bounce up again, but I do not see bullish signs. RSI approaching oversold, but it could go as low as 20 as the chart shows. Happy Trading!
NYSE:GEShort
by Antonio_trader
GE Price targets and possible long term movementsFibonacci and formations worked very well. On the monthly chart I also pointed to the returns from the Fibo supports and resistance. 17.73 (0.618) - Even if it turns, it can continue to move up 20.65 (0.5) - Important and equilibrium point 23.56 (0.382) - Most likely to return The first target is 20.65 but 17.73 is important too. You can sell at here and after price up to resistence buy again. Eventually, this is a resistance The overall trend is in decline. Below, I draw two possible scenarios on the big chart. For the trend change, first the thick blue line must go up. Then 33 resistance. It seems more likely to turn away from resistance and fall back. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*** I'm sorry for the impaired expression..Just watch the chart, not what I write. :) PS make sure you give me a like, If you like this analysis .... Two long-term probable scenarios on the monthly chart
NYSE:GELong
by KasaDairesi
General_Electric_(NYSE:GE)_May_10_2018GE one of the finest companies representing Americal instrutrial prowess and technological marvel. However, in the last 52 weeks, the company's performance has be too poor to garner any positive mention. The bearish sentiment resulted primarily from GE Capital and GE Power. On the other hand, GE still has many crown jewels such as GE Aviation, GE HealthCare. My analysis indicates, the worst may be over for GE and as long as the management avoids short sighted decisions (that may boost profit now but will hurt outlook later). I think in the near term the price is expected to climb towards the $15-18 range. Long term however, I see GE as a $25+ stock. Although, the dividend has been cut and the cash flow does not look great (along with an underfunded pension plan), GE does have the potential to climb back up into the SP500's top performers. GE has always been an innovator. As long as that culture is imbued within the employees and managements takes steps to retain key employees, I see the outlook as very positive. The worst case scenario for GE would be another recession as the demand for industrial products can drop significantly leading to lower revenues. However, I think at this point, it is an excellent opportunity to buy into GE.
NYSE:GELong
by advisacorp
Market Review / May 2nd : BTCUSD, SPX, GE, GOLDHope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. 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. 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 :
BITSTAMP:BTCUSD
by PRO_Indicators
10
GE Daily Chart Analysis - 23rd April#GE Looking at GE's chart, we will often see a recurring pattern that the price is unable to break through the 50MA resistance.. For the past few times, every time it fails to break through the 50MA, traders will be taking a short position. And usually it provides a great risk vs reward ratio.. However the key point here is what is floor price of GE (ie. the intrinsic value of GE). Is 13 the lowest for GE? Anyway as traders, once it has broken through the support, we will just short it Do follow us at our Telegram channel: t.me
NYSE:GEShort
by NimbusTrader
2