GE downward channel breakGE is looking like a short after a big channel breakout today. I think the breakout is driven by GE's large investments in oil and gas, since oil prices collapsed today. GE is bearish below the downward-sloping trendline, but should find some support at 10.19.Shortby ChristopherCarrollSmithPublished 6
GEI'm playing with this chart in an effort to identify a new pattern for the trend reversal I believe we're about to see with GE. I'm watching GE on the monthly as this one is a long term play but I'm bullish on GE for the next 5 years. There is a possibility that GE could lose 25% of its value and wind up in the ~$8 range or even lose 50% of it's value winding up in the ~$6 price range but if you're in this one as a long term play I'd look to ~$19 (50% increase for current price of ~$12) as the next resistance and possible exit. GE's RSI is in territories it's not seen for a decade(which was the crash of 08) but even before then GE has always remained above 30RSI with the exception of 1 other time back in 74'; although I'd be looking for a little resistance when RSI approaches 46. Either way, I'm bullish on GE. Also, according to GE's CEO I think GE has some projects lined up that will position them to see good gains in the next couple of years. As always, let me know what you think. *This is not financial advice.Longby DustinDamronUpdated 221
GE below trendline support on hourly chartGE has been holding mid-channel, but right now it's looking like it may drop to the bottom of the channel. I took profit at 10.54 and will watch to see what happens. This coming Monday and Tuesday are are likely to be bearish days for the market based on historical patterns, so it's a pretty good idea to exit the market until Wednesday anyway.by ChristopherCarrollSmithPublished 5
GEGE just broke out of the 200 daily moving average and closed positive above it. I am taking a position long, trade your own plan thoughLongby adjankUpdated 0
GE - Trading within the zoneOne of my earlier newbie TA that I did a few weeks ago but wanted to confirm the resistance level at 10.5. Seems that its trading within a range of between 9 and 10+. GE has seen better days and perhaps, trying to find a new footing. Waiting for ADX to show a more robust and clear upward above 20 with corresponding DI+ before going long. Just a thought.by AlvinAloysiusGohUpdated 4
GE below trendlineLikely move to bottom of channel in 10.19-10.22 range tomorrow before (hopefully!) moving higher. Wait till channel bottom to buy and sell in the event of downward channel breakout (in the aftermath of today's Fed announcement).Longby ChristopherCarrollSmithPublished 4
General Electric Company (NYSE: GE)Hey guys, GE (General Electric) looks like it could be completing a pattern, for some short term downside before we get the up move. steemit.com www.twitch.tv www.facebook.comLongby FxCryptoWavesPublished 8
possible 35% trade on GEAfter a V shape recovery from the low 6.40s GE has been consolidating in s Symmetrical wedge that has now broken to the upside and its now retesting its previous resistance. After buying at $10.04 with the retest i took a look at the bigger picture and noticed GE has also formed a bump and run formation and broken the down trend line. If we stay above 10.04 our first major resistance is at around 13.68 for a potential 35% trade. Good luck and safe trading motherpluckers!Longby MajorBitcoinPaynePublished 116
GE short strangle, July 12 9/10.5, 3+ month channel There is a clear channel that adheres to the peaks and troughs of the sideways trend on the price movement on the daily charts, starting from February 28th, 2019. Both the upper and lower boundaries of the channel have been tested multiple times during this period -- the more times the limits are tested, the stronger the both support and resistance become. The lower bound is at $9.00 and the upper bound is at $10.50. By simultaneously selling the OTM $9 call and OTM $10.50 put, there is a maximum profit of $32 per contract reached if the price of GE is between at expiry. The break-even points are at $8.68 and $10.82 respectively. We are choosing the July 12th contracts as GE is expected to report earnings July 19th. With 25 days until expiry, as a net seller we will collect the theta premium as GE stays within the historical channel that has held up over 3.5 months.by LaurenTradingPublished 6
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 Shortby pretimingPublished 2
GE Fibonacci Analysis - retesting the 10.50 resistance lineGE has astonished me for the past few months, especially with CEO Lawrence Culp doing away with the Capital sector, Jack Welch's pride and joy, and still managing to not completely crash stock prices. What is most astonishing is that with one little cup and handle, the downward trend seems to have been reversed, despite most Wall Street analysts calling GE to drop all the way to $6.50 by 2020. Amidst the trade wars GE has broken through a lot of resistance lines, and we can see through this Fib retracement that once the 10.50 resistance is broken we are looking at increasing to 10.75. The only issue is getting through that long term strong resistance. Looking at RSI we see that the 50% range has been a support, and we are appraoching 50% right now. Let's hope for one final push through 10.50 and make some profit. This analysis hinges on hopes of sufficient trading volume to break past the resistance. If GE falls below 10.12 again, this analysis is null and void. Happy trading, AdamLongby notadamcoppPublished 3
GE triangle VS channeling, bullish breakout?The past several months GE has been either forming a triangle with a breakout happening now, or is continuing to channel. Unfortunately the triangle breakout would occur at 10.60$ which lies within the potential channel. $11.00 is a weak resistance. Volumes are pretty balanced which supports channeling, however, golden cross occurred on June 6 which is bullish. With surprise financial results and new leadership this past quarter I am leaning towards this being a bullish breakout. This could be the beginning of a major turnaround for GE, which would be a good time to go long. If it is channeling an entry point now would smack me in the middle of the channel, which is less than ideal. Longby HappygainsPublished 111
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.by mrgbpjpyPublished 1
$GE millennial and their hodl techniques are going to mewn thiswidely known secret this is a big pick among my gen. why yall go against us is beyond me. we are just smarter straight out. like yall had the internet in your teens and robin hood in your 30s? exposure is a bish. kinda funny but i get it as ive been watching since it broke the 10s. Bull flagging rn. breakout is going to mewn her. Plotted some r for profit taking. Longby DONTBETHATPERSONPublished 3
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)Longby ProfxCapitalPublished 336
GE to retest 10.12 resistanceThese are 15min candles, so relatively short term. Descending triangle (green lines) signals increase in price within the next week. Big resistance at 10.12 (top yellow line), stock bounced off that level on May 22 and on June 4. Descending triangle also forms the beginning of the handle for a cup and handle, which is a strong signal for a breakout in price. We could see a retest of 10.12 if that’s the case. If not, a retest of 9.52 could also happen. Blue arrows indicate what I think could happen, gray arrows indicate what may occur instead. Keep in mind GE has been in a slump for the past 3 years, so we can't expect it to break that trend for nothing. by notadamcoppUpdated 111
Método Wyckoff - GE Stock - TF 2horasFases de Acumulación y Distribución según Metodo Wyckoffby anibalbarcawPublished 110
GE - potential to retest previous high of $11.50GE is forming a nice wedge pattern. If it breaks the upper trend line, stock could retest the previous high around $11.50. It has a good support at $9. Longby 5PMTraderPublished 1