A close look at General Electrics 'Situation'GE has a yearly pivot point at 7.56, which it looks like it will hit. But I think it breaks down even further.
GED trade ideas
General Electric is heading far lower. Worth $5. General Electric is breaking down fundamentally and technically and it's time to dump this crap. Shares need to be sold to $5.
Good risk to reward hereLeveling off and preparing to finish the year strong? I think so.
But it isn't about being right or wrong. It is about making a decision and knowing where you are going to get out before you take your position. NYSE:GE
GE is going to 11.70GE should take a dive and test near 11.69 in weekly base and trade there a while in order to gain momentum and volume to take an up swing and sky rocket!
GE reversalGE bottomed out at $12. Starting to uptrend. Just crossed above 50 RSI. EMA 15 upcross confirmation present. Stop loss beneath support ~ 2%. Target at previous known resistance. Good RR ~ 4.
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.
$GE 1981-2000 MonthlyLong term trend followers dream. Buy it, hold it. break out to 2000 peak about 4900% or around 20% annualized. pretty solid
Bears are pressing GE lower in a bullish marketWill the bears win and send GE towards 2008 lows?
What will happen to GE if the market will turn?
Things aren't looking good right now...agree?
Can General Electric Find its Legs?The weight of the world has come down on GE. Can it find a base at Fibonacci support levels or are we set for another swing lower?
