GE Breakout Trade
Big bull bar breaking through EMA200
GE has recently established higher lows and higher highs
GE trade ideas
General Electric StockPrices are moving inside the channel the idea is to go long - Target Price might be 8.00 USD
GE price action prediction (NOT FOR TRADING)NYSE:GE This is just a price action prediction for monitoring purpose, will look for a long term entry later.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
GE a new horizon?GE just broke out of it's consolidation area ( 5.96 -7.16), looks like it's heading for a minimum target of 8.40$. This chart pattern is the result of a newly announced deal between PIMCO and GE to create a leasing investment platform.
GE - Above the Red CloudsGE is in a great position with room to run. Levels shown as white lines. Company is under strong leadership who was already working on debt reduction and a redistribution of assets. 7.49 first, then 8+, see you there!!
Trendline Break Setup (Paper trade)*Not trading advice, entertainment purposes only, DYOR
Reasons for a trade:
1.) Putting in market structure at or below
78.6, off fibs from 3 most recent highs.
2.) Has W and working on confirmation of larger W
3.) Moving Average Convergence
4.) Put in market structure after break of 2
significant downward sloping trendlines
5.) Divergence in MACD
6.) Market structure and cross on the Willy coming out of oversold
7.) Market Structure on OBV w/MA cross
8.) Bears falling asleep
9.) Beautiful candle body that closed above VP POC
10.) 2:1 RR just above gap at top of most recent range
11.) 6.1:1 RR by a return and touch to 200MA.
12.) 10.2:1 RR by returning to Gann 50%
13.) Near Original breakout out levels from 1992, sheesh
Enter trade at check of top of double bottom $6.30
Set stop just below double bottom at $6.01
Sell 1/2 my position at 2:1 ($6.88) and move remaining to scratch.
use 3 highs/Lows method on remaining if PA continues to put in bullish market structure.
NYSE:GE
GE Ranging LongGE has been ranging between $6 and $7 for a few months now. In late Sept. we have seen a nice consolidation right at the $6 support. This area seems to be very strong support for GE and provides a good opportunity to go long off it. Bullish price action and bullish divergence on the RSI. Realistically we will see a re-test of the $7 resistance soon.
This is only an idea, and not investment advice. You are responsible for your own trading/investing. Trade according to your own risk tolerance.
$GE - Breakout Incoming$GE
Looks like a breakout coming for the medium term (next 2 mos.).
Good luck to all.
- C
General Electric Stock Analysis + Ready for recovery !📌 General Electric Stock Analysis. For Financials Analysis Sheet kindly message us through Trading View.
📍 Stock info
Market Cap 54.62B
Revenue (ttm) 77.37B
Net Income (ttm) -4.48B
Shares Out 8.75B
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 16.00
Dividend $0.04
Dividend Yield 0.64%
📍 Stock Quote
Trading Day Oct 2, 2020
Last Price $6.24
Previous Close $6.23
Change ($) 0.01
Change (%) 0.16%
Day's Open 6.28
Day's Range 6.11 - 6.29
Day's Volume 96,781,556
52-Week Range 5.48 - 13.26
📍 Market Cap 54.62B
Enterprise Value 95.07B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Sep 25, 2020
Shares Outstanding 8.75B
Float 8.70B
EPS (basic) -0.58
EPS (diluted) -0.58
FCF / Share 0.69
📍 Dividend $0.04
Dividend Yield 0.64%
Earnings Yield n/a
FCF Yield 10.97%
Payout Ratio n/a
Shares Short 103.57M
Short Ratio 1.28
Short % of Float 1.19%
Beta 0.92
📍 PE Ratio n/a
Forward PE 16.00
P/FCF Ratio 9.11
PS Ratio 0.71
PB Ratio 1.58
Revenue 77.37B
Operating Income 819.00M
Net Income -4.48B
Free Cash Flow 5.99B
📍 Description
General Electric Company operates as a high-tech industrial company in the United States, Europe, Asia, the Americas, the Middle East, and Africa. It operates through Power, Renewable Energy, Aviation, Healthcare, and Capital segments. The Power segment offers technologies, solutions, and services related to energy production, including gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, and hardware and software; offshore wind turbines; solutions, products, and services to hydropower industry; blades for onshore and offshore wind turbines; and high voltage equipment. The Aviation segment provides jet engines and turboprops for commercial and military airframes; maintenance, component repair, and overhaul services, as well as replacement parts; integrated digital components; and additive machines and materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics; drug discovery; biopharmaceutical manufacturing technologies; and performance enhancement solutions to hospitals, medical facilities, pharmaceutical and biotechnology companies, and life science research markets. The Capital segment leases and finances aircraft, aircraft engines, and helicopters; provides financial and underwriting solutions; and manages its run-off insurance operations which provides life and health insurance and reinsurance products. The company was founded in 1892 and is headquartered in Boston, Massachusetts.
💡 Is GE a good idea after all?
With its focus on renewable energy and its decision to stop catering to the shrinking coal industry -- in addition to its stronger financial position -- it's understandable why investors have grown so interested in GE's stock lately. For investors with a higher tolerance for risk and a willingness to weather near-term volatility, GE seems worth considering to Hold for better returns an portfolio Building.
Thank You.
$GE Bullish pattern targeting 7.74 then 8.5 SL 6.5 closed 6.88Almost large double bottoms at 6 and followed by bullish power candle. Still indicators showing more room for upside move targeting 7.74 then 8.5 which around 10-20% of current level. looking bullish for long term too. could go back test the broken trend then moves up again .
